For Sale

458 NELSON Street, Lower Town - Sandy Hill, Ontario K1N 7S8

$2,650,000

458 NELSON Street, Lower Town - Sandy Hill, Ontario K1N 7S8 is For Sale and has a listing price of 2,650,000. The property is located in the Sandy Hill - Ottawa East neighbourhood . It's been on the website for 141 Days.

  • Fourplex
    Property Type
  • 13
    Bedrooms
  • 8
    Bathrooms
  • Parking
  • MLS ID: X9516445
  • Office Name EXP REALTY
Property Description

A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six-bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes one 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** Gross Income: ($193,834.73) Yearly Expenses: ($68,387.86) Net Income: ($125,446.87). Other in expenses are Snow, garbage & lawn care. See attached for income/expenses. Maintenance amount is estimated at 5% of income.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X9516445
  • Price: $2,650,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 101.21
  • Ref ID: X9516445
  • Approx Sqft: < 700
  • Dir / Cross St: From Queensway take Kind Edward, Mann Ave, Right on Templeton and left on Nelson
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 6-15
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
06/14/2024 X9516445 $2,650,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Sandy Hill - Ottawa East
  • $1,095,383 Average List Price
    based on 1 year
  • 45 New Listings
    based on 30 days
  • 59 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.91 % Up
  • Sold (12mo) 22
  • Rented (12mo) 20

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Stone
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 2
  • Washrooms Type 3: 2
  • Washrooms Type 4: 2
  • Taxes: $19,399
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 14/06/2024 16:36:11
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