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$239,900

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706 - 383 Cumberland Street, Ottawa, ON

· Lower Town/Byward Market
1
Bedrooms
1
Bathrooms
500-599
Sq Ft
$401–$480
Per Sq Ft
16-30
Year Built

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About this Property

ATTENTION INVESTORS

This condo can produce a positive cash low

Similar condos rent for 1900$

Calculation based on minimum deposit 20%, 25 years amortization at 4.5%, condo fees 490$ and taxes 220$

Could be a very smart investment for parents who's children are attending university

This condo is on the east side of the building away from busy Cumberland street

On this side, you can sleep with your windows open

Only one owner, pride of ownership, very well maintained

Quick closing a possibility

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Listed by ROYAL LEPAGE PERFORMANCE REALTY · MLS# X13795004

About ByWard Market

Downtown Heritage · Avg $500K

The ByWard Market is Ottawa's oldest and most vibrant downtown neighbourhood, a historic district where 19th-century architecture, world-class dining, cultural institutions, and urban condo living converge to create one of Canada's most exciting residential experiences. Founded in 1826 by Lieutenant Colonel John By as a public market, the ByWard Market has evolved over two centuries into a mixed-use destination that draws visitors and residents alike to its cobblestone streets and heritage buildings.

Avg Condo Price$500K
Walk Score98
Restaurants100+
Walk to Parliament5 min
View Full ByWard Market Guide

Features & Details

Property details of 706 - 383 Cumberland Street, Ottawa, ON

Property TypeCondo Apartment
Style1 Storey/Apt
Size500-599 sq ft

Mortgage Calculator

$
%
$
Mortgage Payment$1,179/monthly
Principal54%
Interest46%
Principal Amount$191,920
Interest$161,647
Total Payable$353,567
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$1,179
Mortgage + Expenses$1,179
$
$
$
$
$
Monthly Cash Flow-$1,179

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Showing type
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$239,900

706 - 383 Cumberland Street, Ottawa, ON

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