706 - 383 Cumberland Street N, Ottawa
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 (id:1945)
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Property details for 706 - 383 Cumberland Street N, Ottawa
- Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Basement
- None
- Parking
- No Garage
- Heating
- Natural gas, Other
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Condo/Strata
- Annual Taxes
- $2,595 (2026)
- Condo Fee
- $487 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 706 - 383 Cumberland Street N
Active Listings
121
Min Price
$205,000
Max Price
$990,000
Avg Price
$379,842
Days on Market
61
days
Sold Listings
38
Min Sold Price
$239,900
Max Sold Price
$574,900
Avg Sold Price
$363,213
Days until Sold
94
days
Neighbourhood Census Data
Ottawa, Ontario
Population
450
Median Age
32.8
Median Income
$60,288
Dwelling Value
$300,507
Housing Tenure
Owners 58%
Renters 44%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 11,111.1/km²
Avg Shelter Cost: $1,628/mo
Owners with Mortgage: 73%
Owners Spending 30%+: 37.8%
Tenants Spending 30%+: 42.9%
English only: 45.6%
English and French: 54.4%
Median Household Income: $80,384
Median Employment Income: $59,648
Price History
Listed
September 17, 2026
by ROYAL LEPAGE PERFORMANCE REALTY
Current Price
$239,900
Type
Apartment
For Sale