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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 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: 6.1 x 50.58 (Feet)
Directions/Cross Streets: From Queensway, Take King Edward, Mann Ave, Right on Templeton, Left on Nelson
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 0
Total Area Code:  Square Feet
Taxes Expense: $17889
Insurance Expense: $5793
 Management Expense: 7975
Maintenance: 0
 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
Heat Type: Unknown
Central Air Conditioning: Unknown
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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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 Street , Lower Town - Sandy Hill, K1N 7S8, Ottawa


 
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Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style:
Lot Size: 6.10 x 50.58(Feet)
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Tax: $17,889
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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