$665,000

$695,000For salePrice drop↓ $30,000 (4%)

2724 Penrith Avenue, Cumberland - Single Family for Sale

2724 Penrith Avenue, Cumberland, British Columbia, V0R1S0

2 beds1 bath3 parking811 ft²3,615 sq ft lot sizeListed 85 days ago

Overview

This 2-bedroom, 1-bathroom home in Cumberland is for sale offering roughly 811 sq ft of space. Listed at $665,000, it is attractively priced about 24% below the $875,000 median asking price in Cumberland. It has been on the market 85 days, fresher than the Cumberland average of 103 days.

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Description

A Historic Cumberland Gem | Est. 1901 Step into this beautifully updated 1901 miner's cottage, perfectly situated just one block from Cumberland’s vibrant Dunsmuir Avenue! Blending classic historic exterior charm with a fresh, bright, and modern interior, this rare find offers the ideal entry point into one of Vancouver Island’s most vibrant communities. Highlights: • Unbeatable Location: Walk or ride to world-class mountain bike trails, local breweries, bakeries, and shops. • Efficiency & Comfort: Features a new high-efficiency natural gas furnace and tankless hot water system to keep utility bills low. • Cozy Vibe: Relax by the classic wood stove on crisp winter days. • Outdoor Potential: Enclosed yard with a private outdoor shower—ideal post-trail—plus valuable laneway access with carriage home potential. Well-maintained historic homes with this location and possible future upside don't come up often. Experience the ultimate Cumberland lifestyle! (id:66096)

Property Details

MLS®: 1046498
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Bathrooms: 1
Parking: 3
Interior Size: 811 ft²
Lot Size: 3,615 sq ft
Year Built: 1901
Heating: Forced air
Cooling: None
Garage: Street
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,010.9/yr
Listed: 85 days ago

Rooms

Additional Accommodation

Other: 10'2 x 5'2

Main level

Bathroom: 5'8 x 11'8
Dining room: 4'10 x 10'1
Kitchen: 11'8
Living room: 22 x 11 feet
Bedroom: 7'11 x 10'1
Primary Bedroom: 7'11 x 11'7

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

85d

Cumberland listings, avg age

103d

Price / ft²

$820

List price

$665K

Haho

This 2-bed single family in Cumberland has been listed for 85 days, which is 18 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Engel & Volkers Vancouver Island North · Todd Woods

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$665,000· $820/ft²

For sale

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Full Cost Breakdown

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Down Payment6.24% · $41,500

Min 6.24%50%

Mortgage payment$3,457/mo

↳ CMHC premium ($24,940 capitalized)

Property tax (est.)$334/mo

Total monthly$3,791

Cash Needed to Close

Down payment (6.24%)$41,500

Land transfer tax$11,300

Est. closing costs$4,495

Total cash needed$57,295

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