466 NELSON Street, Lower Town - Sandy Hill | Image 1

466 NELSON Street

Lower Town - Sandy Hill, 4004 - Sandy Hill

  • Commercial

$2,500,000
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: Residential

  • Age: No Data

  • Taxes: 17889

  • MLS®#: X9516448

  • Days on Site: 189 Days

  • Added: Jun 13, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 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 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.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 178024

  • Area: Lower Town - Sandy Hill

  • Community: 4004 - Sandy Hill

  • Availability Date: TBD

Building

  • Basement: N

  • Freestanding: Y

  • 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

  • Expenses: Est

  • Management Expense: 10536

  • Insurance Fee: 6717

  • Operating Fees: 58974

  • Hydro Expense: 3416

  • Heat Expenses: 5634

  • Other Expenses: 4875

  • Taxes Type: Annual

  • Taxes: 17889

  • Tax Year: 2023

  • Water Fees: 1127

Land

  • Cross Street: From Queensway, Take

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042050034

  • Sewer: Sanitary

  • Lot Depth: 50.58 Feet

  • Lot Frontage: 20 Feet

  • Zoning: Residential

Commercial Specific

  • Total Area Metric: Sq Ft

Map of 466 NELSON Street, Lower Town - Sandy Hill
JK-6

École élémentaire catholique Au Coeur d'Ottawa

Elementary: Catholic
1.15 km
JK-6

Viscount Alexander Public School

Elementary: Public
0.28 km
JK-8

École élémentaire catholique Sainte-Anne

Elementary: Catholic
1.24 km
JK-8

York Street Public School

Elementary: Public
1.21 km
JK-6

Lady Evelyn Alternative School

Elementary: Public
1.13 km
JK-6

École élémentaire publique Francojeunesse

Elementary: Public
0.70 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
2.29 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
2.32 km
9-12

Immaculata High School

Secondary: Catholic
1.29 km
9-12

École secondaire publique De La Salle

Secondary: Public
1.56 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
0.81 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
2.69 km
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