466 NELSON Street
4004 - Sandy Hill Ottawa K1N 7S8

$2,500,000 /For Sale
Commercial

Main Photo: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 1: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 2: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 3: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 4: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 5: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 6: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 7: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 8: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 9: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 10: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 11: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 12: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 13: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 14: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 15: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 16: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 17: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 18: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 19: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 20: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 21: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 22: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 23: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Photo 24: 466 NELSON Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill)  : MLS®# X9516448
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X9516448
Bus Major:
Apts - 2 To 5 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.
Depth:
50'7"
Frontage:
20'
Water supply:
Municipal
Zoning:
Residential
Heating type:
Unknown
Heating Fuel:
Other
Garage:
Unknown
Parking Spaces:
1
Possession Details:
TBD
Lot Irregularities:
0
HST Applicable To Sale Price:
Included
Type Taxes:
Annual
Taxes:
$17,889 / 2024
Assessment:
$- / -
Lower Town - Sandy Hill
4004 - Sandy Hill
Ottawa
Unknown
tenant belongings
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Unknown
Seller Property Info Statement:
No
Gross income:
$172,642.6
Net Income Before Debt:
$115,953.21
Expenses Actual/Estimated:
Actual
Heating Expenses:
$5,486.48
Hydro Expenses:
$5,159
Insurance Expenses:
$5,793
Management Expenses:
$7,975.2
Tax Expenses:
$17,889
Operating Expenses:
$56,689.39
Other Expenses:
$4,702.25
Water Expenses:
$1,113.01
Year Expenses:
2024
Maintenace Expenses:
$8,570.63
Property Management Company:
Sleepwell
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jun 13, 2024
Original Price:
$2,500,000
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Listed by EXP REALTY
Data was last updated May 17, 2025 at 03:15 PM (UTC)
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