504-309 Cumberland Street

LOWERTOWN - $264,500

2 bedroom  |  2 bath

Property type: One level
Property style: Apartment 

INVESTMENT OPPORTUNITY!

Investment opportunity! Great repeat tenant on lease for $1595 + hydro per month until May 31, 2018. This is one of the building's nicest units, with an extensively renovated interior including an open kitchen, newer flooring, lighting, appliances (including Samsung steam washer & dryer!), and more. The views of the Parliament buildings, Peace Tower, and Byward Market help separate this fantastic 2 bedroom, 2 bath from the competition. 1 underground parking spot and 1 generous storage locker included. Great value for the square footage and level of renovation.

Bedrooms: 2

Bathrooms: 2

Partial bathrooms: 0

Full bathrooms: 2

Year built: 1985 (approx.)

Property taxes: $2,902 / 2017 (as per City of Ottawa tax estimator) 

Rental equipment: None

Property manager: Condo Management Group

Condo fees: $587.36 / month

Condo fees include: Building insurance, property management, property maintenance, water

Amenities: Elevator, storage lockers

Parking: 1 underground 

Total parking: 1

Heating: Baseboard

Heating fuel: Electric

Air conditioning: Central

Water: Municipal

Sewer: Sewer connected

Exterior: Brick

Floor coverings: Laminate, tile

Neighbourhood influences: Public transit nearby, recreation nearby, shopping nearby

Site influences: Balcony, adult oriented

Inclusions: Dishwasher, refrigerator, stove, hood fan, washer, dryer, window blinds, hot water tank, air conditioner

ROOM DIMENSIONS 

Room

Kitchen:

Laundry/pantry:

Living/dining room:   

Master bedroom:

4-piece ensuite: 

Bedroom #2:

4-piece bathroom:

Balcony:

Dimensions

15'0 x 8'0

13'6 x 12'4

16'0 x 10'0

10'0 x 10'0 

11'4 x 6'0 

Level

Main 

Main

Main

Main 

Main

Main

Main

Main

 

LOWERTOWN

Lowertown is bounded roughly by Rideau Street, Sussex Drive, the Ottawa River, Rideau Canal, and Rideau River. Lowertown encompasses the Byward Market in its southwestern part. This neighbourhood is one of the most recognizable and historic areas in the city, and is considered to be the birthplace of Ottawa! It maintains its historic roots, with several heritage-designated buildings, and is rich in both socioeconomic and cultural diversity. Getting around here couldn’t be easier: along with bike paths and walkways, there are many OC Transpo bus routes that service the neighbourhood, and access to many more are available at Rideau Street station. As well, the 417, Transitway, and future LRT are all close by. There is no shortage of amenities in the area, with Rideau Street and the Rideau Centre a close walk away, with groceries, retail, bars, restaurants, and more. In addition, Parliament, museums, parks, and the Ottawa River are also nearby. Urban living at its best!