$2,500,000
Available - For Sale
Listing ID: X9516448
466 NELSON Street , Lower Town - Sandy Hill, K1N 7S8, Ottawa
| A great investment opportunity is available in the heart of Ottawa with this five-unit building. Units 1-3 are spacious four bedrooms, unit 4 is a 3-bed unit and the penthouse features 2 bedroom all with in-unit laundry while unit offering convenience for all tenants. The building is fully occupied and includes 1 parking space. Situated close to Rideau Centre, the University of Ottawa, parks, and numerous attractions, this property is in one of the best rental areas in the city. Don't miss out on this chance to invest in a property that promises excellent returns in a prime location. 48 Hours notice for all showings & 48 hour irrevocable on all offers. **EXTRAS** Other in expenses are HWT Rental, Snow, garbage & lawn care. See attached for complete income and expenses. Capital expenditure statement will be provided upon request. Maintenance amount on MLS is estimated at 5% of income. |
| Price | $2,500,000 |
| Taxes: | $17889.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 466 NELSON Street , Lower Town - Sandy Hill, K1N 7S8, Ottawa |
| Postal Code: | K1N 7S8 |
| Province/State: | Ottawa |
| Legal Description: | LT 32, PL 45224 , W/S NELSON ST ; OTTAWA |
| Lot Size: | 6.10 x 50.58 (Feet) |
| Directions/Cross Streets: | From Queensway, Take King Edward, Mann Ave, Right on Templeton, Left on Nelson |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Total Area Code: | Square Feet |
| Taxes Expense: | $17889 |
| Insurance Expense: | $5793 |
| Management Expense: | 7975 |
| Heat Expenses: | $5486 |
| Hydro Expense: | $5159 |
| Water Expense: | $1113 |
| Other Expenses: | $4702 |
| Gross Income/Sales: | $172643 |
| Operating Expenses: | $56689 |
| Net Income Before Debt: | $115953 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Unkn |
| Washrooms: | 0 |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
| Sewers: | Sanitary |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4004 - Sandy Hill |
| Lot Size: | 6.10 x 50.58(Feet) |
| Tax: | $17,889 |
| Fireplace: | N |
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