466 NELSON Street, Lower Town - Sandy Hill | Image 1
$2,500,000
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Residential

  • Age: No Data

  • Taxes: 17889

  • MLS®#: X9516448

  • Days on Site: 157 Days

  • Added: Jun 13, 2024 (5 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: EXP REALTY

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 three parking spaces. 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

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 123824

  • Area: Lower Town - Sandy Hill

  • Community: 4004 - Sandy Hill

  • Availability Date: TBD

Building

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 32, PL 45224 , W/S NELSON ST ; OTTAWA/NEPEAN CITY OF OTTAWA

  • Taxes: $17,889

  • Insurance Fee: 5280

  • Operating Fees: 56807

  • Water Fees: 1127

Land

  • Cross Street: From Queensway, Take

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042050034

  • Sewer: Sewers

  • Lot Depth: 50.58 Feet

  • Lot Frontage: 20 Feet

  • Zoning: Residential

Commercial Specific

  • Gross Income/Sales: 180631

JK-6

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Viscount Alexander Public School

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École élémentaire catholique Sainte-Anne

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York Street Public School

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Lady Evelyn Alternative School

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Urban Aboriginal Alternate High School

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Richard Pfaff Secondary Alternate Site

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Immaculata High School

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École secondaire publique De La Salle

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Lisgar Collegiate Institute

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Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
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