$2,500,000
FOR SALE

Investment

Lot: 20 x 50.58 ft
2024 Taxes: $17,889Maintenance Fees: $8,570.63

466 NELSON St
Lower Town - Sandy Hill, ON K1N 7S8 | 4004 - Sandy Hill | 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.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9516448
Last Updated Jan 10, 2025
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 042050034
Legal Description LT 32, PL 45224 , W/S NELSON ST ; OTTAWA/NEPEAN CITY OF OTTAWA
Occupancy Tenant
Possession Date TBD
Taxes (2024) $17,889
Tax Type Annual
Maintenance Fees $8,570.63
Directions/Cross Streets From Queensway, Take King Edward, Mann Ave, Right on Templeton, Left on Nelson
Neighbourhood 4004 - Sandy Hill
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 20 x 50.58 ft
Basement N
Parking Spaces 1
Gross Income/Sales $172,643
Net Income Before Debt $115,953
Hydro Expense $5,159
Water Expense $1,113
Heat Expenses $5,486
Insurance Expense $5,793
Management Expense $7,975
Operating Expenses $56,689
Taxes Expense $17,889
Other Expenses $4,702
Year Expenses $2,024
Expenses Actual/Estimated Act
Sewers Sanitary
Utilities Y
Water Municipal
Zoning Residential
Seller Property Info Statement N

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