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    For Sale - 480 Cumberland Street, Lower Town - Sandy Hill, Ontario

    Est payment $3,553/mo
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    Views   1
    Time on Jump  45 day

    AI Summary *

    • Ideal investment opportunity near uOttawa with consistent tenants.
    • Property has been in the same family for 40 years.
    • Setup with individual leases catering to university students.
    • Cap rate of 5.2% with potential for increased income.
    • Recent furnace installation in 2024 for added reliability.




    Calling all investors for a wonderful opportunity to own this townhouse that is a short walk to uottawa. Never a vacancy. The property has been in the same family for almost 40 years. It is set up with individual leases to young ladies attending the university. Please speak to the listing agent for more details. Offers a good cap rate of 5. 2% with some great upside potential to increase the income. 24 hours notice for showings. 24 hours irrevocable and schedule b to accompany offers. Furnace (2024) see attached financials. Photos are from current and past tenant set-up so may not fully reflect the way the rooms show currently. Showings tuesdays, thursdays, and saturdays from 1 to 6 pm. The townhome next door at 478 cumberland is also available.
    Listing IDX13090232
    Address480 Cumberland Street
    CityLower Town - Sandy Hill, Ontario
    Price$739,900
    Bed / Bath6 / 2 Full
    Style2-Storey, Att/Row/Townhouse
    ConstructionBrick
    Land Size1079.1
    TypeResidential
    StatusFor Sale

    Subtype Att/Row/TownhouseIndoor Features NoneAmenities Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    480 Cumberland Street
    Lower Town - Sandy Hill , Ontario
    6 2 $739,900
    Get more info