$369,000
For sale: Semi-Detached/Link

PERFECT INVESTMENT OR DEVELOPMENT OPPORTUNITY!!!! Welcome to 2943 Old Montreal Road, a unique opportunity in Cumberland offering Ottawa River views and exceptional future potential. Situated on a generous 0.598-acre lot (128 feet x 196 feet) , this semi-detached home is zoned V1E, permitting a variety of potential uses, including a detached dwelling, duplex, triplex, bed and breakfast, or retirement home. An excellent option for investors looking to occupy one side while generating rental income from the adjoining property at 2941 Old Montreal Road. Buyers may also explore purchasing both sides for a larger investment, redevelopment, or the construction of a new detached home, duplex, or triplex. Enjoy a peaceful setting while remaining within convenient reach of Cumberland Village, Rockland, Orleans, Highway 174, parks, recreation, and everyday amenities. Recent updates include the roof (2017), central air conditioning (approximately 2020/2021), hot water tank (2021), and water softener (2025). The furnace is approximately 15 years old and has been serviced annually. With its sizeable lot, flexible zoning, river views, and income-generating possibilities, this property presents an exciting opportunity for homeowners, investors, and developers alike. Book your private showing today! Buyers to verify permitted uses and development possibilities with the appropriate authorities.
Sold data
Semi-Detached/Link homes in Ottawa took a median of 17 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 31, across 188 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $659,900.
Homes sold for about 1.5% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 188 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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