$249,900
Ottawa
#505 383 Cumberland Street, Ottawa, Ontario, K1N1J7
This 1-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 250 sq ft of space. Listed at $249,900, it is attractively priced about 35% below the $384,900 median asking price in Ottawa. It has been on the market 36 days, fresher than the Ottawa average of 62 days.
This bright, beautifully updated condo delivers modern finishes, incredible natural light and an unbeatable location in the heart of Ottawa's ByWard Market. The desirable east-facing exposure is a standout, offering expansive city views while facing away from the busier street frontage for a quieter setting. Floor-to-ceiling windows stretch across the main living area and bedroom, filling the unit with morning sun and creating a bright, open feel throughout. Step outside onto the impressive nearly 30-foot-long balcony, providing exceptional outdoor living space with plenty of room to relax, entertain or enjoy your morning coffee overlooking the city.Inside, extensive updates make this unit truly move-in ready. The brand-new kitchen features light oak cabinetry, a crisp white tile backsplash, generous workspace and brand-new stainless steel appliances. New luxury vinyl plank flooring runs throughout the unit for a clean, contemporary finish. The open-concept living and dining space flows naturally from the kitchen and provides direct access to the balcony. The spacious bedroom features its own floor-to-ceiling windows, a large closet with excellent storage and a sliding privacy door, allowing you to easily separate the bedroom from the main living area when desired. The full bathroom offers a tub/shower combination with a tiled surround, while convenient in-unit laundry adds everyday practicality. Residents also enjoy excellent building amenities including a well-equipped fitness room with cardio and weight equipment, party room and outdoor common patio with BBQs. Leave the car behind and enjoy one of Ottawa's most walkable locations, just steps from grocery stores, restaurants, cafés, shopping, nightlife, transit and the University of Ottawa. An excellent opportunity for first-time buyers, investors, students or parents looking for an alternative to the high cost of university residence. Modern, bright, updated and exceptionally well located! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 62 days across the listings currently for sale in this city
This 1-bed single family in Ottawa has been listed for 36 days, which is 26 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $249,900, about 3.9× the local median household income of $64,000.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K1N)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.