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 |
Price | $2,500,000 |
Taxes: | $17889.00 |
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: | 20.00 x 50.58 (Feet) |
Directions/Cross Streets: | From Queensway, Take King Edward, Mann Ave, Right on Templeton, Left on Nelson |
Category: | Apartment |
Insurance Expense: | $5280 |
Water Expense: | $1127 |
Gross Income/Sales: | $180631 |
Operating Expenses: | $56807 |
Net Income Before Debt: | $123824 |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Lower Town - Sandy Hill |
Neighbourhood: | 4004 - Sandy Hill |
Lot Size: | 20.00 x 50.58(Feet) |
Tax: | $17,889 |