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$2,500,000
Available - For Sale
Listing ID: X9516448
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: $17,889
Tax Type: Annual
Occupancy by: Tenant
Address: 466 NELSON St , Lower Town - Sandy Hill, K1N 7S8, Ontario
Postal Code: K1N 7S8
Province/State: Ontario
Legal Description: LT 32, PL 45224 , W/S NELSON ST ; OTTAWA
Lot Size: 20 x 50.58 (Feet)
Directions/Cross Streets: From Queensway, Take King Edward, Mann Ave, Right on Templeton, Left on Nelson
Zoning: Residential
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 0
Total Area Code:  Sq Ft
Taxes Expense: $17889
Insurance Expense: $5793
 Management Expense: 7975
Maintenance: 8,570.63
 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
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

466 NELSON St , Lower Town - Sandy Hill, K1N 7S8, Ontario


 
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Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
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Lot Size: 20.00 x 50.58(Feet)
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Tax: $17,889
Maintenance Fee: $8,570.63
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