305 CUMBERLAND ST, OTTAWA

$ 2,100,000

Description

Busy high profile corner location along the Murray-St Patrick corridor, tied directly to Ottawa’s Parkway network and bridges to Gatineau. Tenant in 4th of 5 yr $103,000 Triple Net [Jan 2021] using main level, full reinforced basement and large fenced yard. 2nd floor vacant. 600 metres to Rideau LRT Tunnel Station, Rideau Shopping Center and the bustling Byward Market, 10 minutes to Ottawa U, Parliament Hill. “This location will become one of the primary focuses for reurbanization within in the downtown” - City Planning. Work done since 2015 - new electric, 200 amp service, plumbing, roof 2019, windows, insulation inside & outside, siding, bathroom, garage doors, gas heaters, fencing, lighting. 8 storey building next door, new 9 storey on King Edward - one of the core growth areas downtown. Ceilings - bays 11'4", office 9'6", 2nd floor 9', basement 7'. 4 bays 45'7"x24'4", office 28'3"x15, bathroom 8'2"x8', storage 9'x8'6", 2nd floor N 29'x23'11", S 45'8"x24'5", basement 65'6"x23'5"

Additional Details

  • Lot Size
    107.84 X 75.56 FT
  • Neighbourhood
    Old Bytown
  • Property Style
  • Tax
    $24870 (2018)
  • Parking Space
  • Air Conditioning
  • Heating Type
  • Basement
    -

Features

Virtual Tour

Location

305 CUMBERLAND ST - , OTTAWA, Ontario K1N 7J1

Nearby Schools

  Green Yellow Orange Red
Fraser Institute
Rating (out of 10)
10.0-7.6 7.5-6.0 5.9-4.1 4.0-0.0

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