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    for sale
    456 Days on Strata
    Est Sell Timeframe:
    32 Days

    505 - 383 CUMBERLAND St

    East Market 2
    $319,900
    1 Bed
    1 Bath
    0 Parking
    417 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $398/mth
    Taxes:
    $2,264 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $767/sqft
    Outdoor Space:
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:

    Amenities

    Visitor Parking

    About this Listing

    Welcome to the East Market and your new pied-a-terre in the heart of the Byward Market. Perfect starter unit for the urban professional or the ideal investment opportunity with everything at your doorstep! Walking distance to the University of Ottawa, Rideau Center, LCBO, grocery stores and countless restaurants! Unit 505 is a one bedroom open-concept loft layout with in-unit laundry and a balcony that stretches the entire length of the suite. The building has great amenities including a gym, lounge with pool table and outdoor space with BBQs. The unit comes with a storage locker and ample visitor parking under the building. Come check it out! 24 hour irrevocable on all offers please.

    ExtrasCooktop, Microwave/Hood Fan, Dryer, Refrigerator, Dishwasher

    re/max affiliates realty ltd.MLS® #X9517299

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

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    Building Trends At East Market 2

    Days on Strata

    Units at East Market 2 spend an average of
    75
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lowertown

    Turnover of Units

    On average, each unit is owned for
    19.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 16 condos in the Lowertown area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    East Market 2 offers the
    ?
    N/A
    best value out of 16 condos in the Lowertown neighbourhood

    Appreciation Rank

    East Market 2 has the
    ?
    N/A
    highest ROI out of 16 condos in the Lowertown neighbourhood

    Rental Yield

    East Market 2 yields the
    ?
    N/A
    highest rent prices out of 16 condos in the Lowertown neighbourhood

    High Demand

    East Market 2 is the
    ?
    N/A
    most popular building out of 16 condos in the Lowertown neighbourhood

    Market Insights

    Transaction Insights at East Market 2

    1 Bed2 Bed
    Price Range$237,000 - $320,000$427,000 - $627,000
    Avg. Cost Per Sqft$482$516
    Avg. Wait for Unit Availability51 Days131 Days
    Ratio of Units in Building68%33%

    Market Inventory

    Total number of units listed and sold in Lowertown