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505 - 383 CUMBERLAND Street

505 - 383 CUMBERLAND Street

Lower Town - Sandy Hill, ON

  • 1 bed
  • 1 bath
  • approx. 0-499 sqft
  • Condo Apartment
  • 758 days on market
$259,900Price reduced 19%

NEW PRICE!!! Welcome to the East Market and your new pied-a-terre in the heart of the Byward Market. Perfect starter unit for the urban professional or the ideal investment opportunity with everything at your doorstep! Walking distance to the University of Ottawa, Rideau Center, LCBO, grocery stores and countless restaurants! Unit 505 is a one bedroom open-concept loft layout with in-unit laundry and a balcony that stretches the entire length of the suite. The building has great amenities including a gym, lounge with pool table and outdoor space with BBQs. The unit comes with a storage locker and ample visitor parking under the building. Come check it out! 24 hour irrevocable on all offers please.

Listing Details

Taxes (2024)
$2,264
Originally Listed
$319,900
Listed
August 22, 2024

Price History

Property

Style
Apartment
Construction
Brick
Roof
Unknown
Foundation
Concrete
Interior
Unknown

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Cumberland between York and George
Zoning
Residential Condo
Parcel Number
156760113
Occupancy
Vacant

Condo

Maintenance Fee
$473/month
Fee Includes
Building Insurance Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Unknown
Amenities
Visitor Parking

Included

Inclusions
Cooktop, Microwave/Hood Fan, Dryer, Refrigerator, Dishwasher
Rental Items
n/a

Schools

Elementary

  • York Street Public School0.5 km

    Public · Ottawa-Carleton DSB · 275 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard

  • École élémentaire catholique Sainte-Anne0.6 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 305 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • École élémentaire publique Francojeunesse0.7 km

    French public · CÉP de l'Est de l'Ontario · 550 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 80% met the provincial standard

Secondary

  • École secondaire publique De La Salle0.7 km

    French public · CÉP de l'Est de l'Ontario · 950 students

    Grade 10 literacy: 93% met the provincial standard

  • Lisgar Collegiate Institute0.9 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Urban Aboriginal Alternate High School2 km

    Public · Ottawa-Carleton DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

tile floorsneeds workstainless appliancespot lights

AI-generated from listing photos. Not professional advice.

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Lower Town - Sandy Hill · last 12 months

Median sold price
$478,000
Homes sold
223
Median days on market
34
Sale-to-list price
96.8%

Based on 223 recorded sales of residential condo & other properties in Lower Town - Sandy Hill over the last 12 months.

Rooms

4-piece

Main

  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bathroom5' x 7'
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Bedroom9' x 9'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"
  • Living Room11'1" x 12'6"

Listed by

REMAX BOARDWALK REALTY

Walk Score

99

Walk

90

Transit

97

Bike

Scores by Walk Score®

Mortgage Calculator

$51,980

Estimated Monthly Payment

$1,277

Land transfer tax

Estimated land transfer tax$2,374

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,277/mo (20% down, 5.5%)

Taxes: $189/mo · Insurance: $65/mo

Maint: $473/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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