For Sale

227 CUMBERLAND Street, Lower Town - Sandy Hill, Ontario K1N 7H6

$1,250,000

227 CUMBERLAND Street, Lower Town - Sandy Hill, Ontario K1N 7H6 is For Sale and has a listing price of 1,250,000. The property is located in the Lowertown neighbourhood . It's been on the website for 209 Days.

  • MLS ID: X9517288
  • Office Name CBRE LIMITED
Property Description

Nestled in the heart of Ottawa at the intersection of Cumberland Street and St Andrew Street in the vibrant neighborhood of ByWard Market. The subject property is surrounded by popular landmarks, shops, restaurants, and entertainment venues. The current zoning permits a low-rise residential conversion, presenting an exciting opportunity for development and investment. A phase 2 environmental report is available. Existing garage on site for the past 50 years with a structure approx 1,890 sq. ft.

Property Details
  • MLS ID: X9517288
  • Price: $1,250,000
  • Lot Depth: 61.15
  • Transaction Types: For Sale
  • Ref ID: X9517288
  • Year Built: N/A
  • Dir / Cross St: Corner of Cumberland Street and St Andrew Street
  • Status: Active
  • Tax Year: 2023
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/21/2024 X9517288 $1,250,000 For Sale - -
08/21/2024 X9517287 $1,250,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lowertown
  • $645,212 Average List Price
    based on 1 year
  • 12 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.03 % Up
  • Sold (12mo) 24
  • Rented (12mo) 45

  • 1 Month Change -
  • 3 Month Change +39.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Parking Spaces: 17
  • Taxes: $17,420
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: At closing
  • Listing Entry Date: 21/08/2024 16:03:01
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