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$ 3,500,000

287 CUMBERLAND STREET, Ottawa, ON, K1N 7H8

Listing ID# 1062747
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$ 3,500,000

  • 287 CUMBERLAND STREET
    Ottawa, ON K1N 7H8
  • Listing ID 1062747
  • Building Type: VACANT LAND
  • Land Size: 0.36 ac
  • Status: For Sale/Active
  • Days on Market: 143
  • Rooms: 0

Property Description

OUTSTANDING LOCATION WITH POTENTIAL FOR COMMERCIAL DEVELOPMENT. Prime 15,673 SQFT development site fronting onto Cumberland St and located between Dalhousie St and King Edward Ave. Steps from the Byward Market, Parliament Hill, Global Affairs, University of Ottawa etc. Lot for sale is comprised 4 smaller lots with PINs 042140013, 042140012, 042140026, 042140027. (id:153)



Listing courtesy of SUTTON GROUP-PREMIER REALTY (2008) LTD.


Demographics

Lower Town Property Overview
70%Rent 30%Own
  • Low-Rise 1,000
  • Semi-Det. 430
  • Detached 338
  • Duplex 243
$ 586 k

Average Home Price in Lower Town

43 years

Average home age in Lower Town

Household Size
4,967Non-family 2,989One-family 58Multi-family
Household size (# people)
  • 14,873
  • 22,049
  • 3631
  • 4-5390
  • 6+71
Household Income in Lower Town
88.8%Employed 5.7%Unemployed 5.5%Self-Employed
  • White Collar 6,622
  • Blue Collar 1,978
$ 73 k

Average income

41 years

Average age

Education
  • Certificate, diploma, degree 13,018
  • High School 3,269
  • No Certificate 2,076
  • College 1,847
  • Apprenticeship 762
Marital Status in Lower Town
54%Single 25%Married 21%Other
Age groups
  • 0-1915%
  • 20-2920%
  • 30-4932%
  • 50+34%

Points of interest and Comparables - Lower Town

top

$357,380*

average price

-3.91%

market trend

* - average price based on 63 comparable properties in the neighbourhood
# date listed bed/bath
1 9/30/2017 $2,100 2/2
2 9/30/2017 $349,900 2/2
3 9/9/2017 $524,900 2/1
4 9/9/2017 $345,000 2/2
5 8/19/2017 $1,800 2/2
6 6/17/2017 $420,000 3/1 + 1
7 9/3/2017 $1,465,000
8 9/1/2017 $3,500,000
9 10/11/2017 $259,900 1/1
10 5/31/2017 $220,000 1/1
1950 SCOTT STREET, Ottawa, ON
VACANT LAND
1950 SCOTT STREET
Ottawa
Listing courtesy of RE/MAX CORE REALTY INC.
$3,500,000
  • 8 schools
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275 KING EDWARD AVENUE, Ottawa, ON
VACANT LAND
275 KING EDWARD AVENUE
Ottawa
Listing courtesy of SUTTON GROUP-PREMIER REALTY (2008) LTD.
$3,500,000
  • 9 schools
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