Royal LePage Team Realty
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa
  • 422/424 NELSON STREET Ottawa

$2,180,000

ID# X9515118

422/424 NELSON STREET
Ottawa, Ontario K1N7S7

Flooring: Tile, Flooring: Laminate, Fantastic 6.32% CAP, NET $137,734, 4plex with opportunity to increase cashflow by approx. $36K with 2 permit ready vacant studio spaces. This almost immediate increase in cashflow will increase the value well beyond the capital invested to create the new units. Property operates with 4 never vacant student rentals, 2-4 bed 2 bth, 2-5 bed 2 bth - all on master leases. This is a very stable property that has operated under 1 management for 5+ years. The 2 spaces ready for development are at the back of the property and independent of the 4 existing units. Tenants pay all utilities but water. An incredible opportunity to own in the heart of the Sandy Hill. Vacancies are highly sought after by renters due to its central location, and its proximity to the University of Ottawa, the Rideau Canal, parks, shopping & dining. (id:25961)

INTERESTED IN THIS PROPERTY?

OFFICE: 613.725.1171

Courtesy of SLEEPWELL REALTY GROUP LTD

Listed on: May 08, 2024

On market: 204 days
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate

SIMILAR LISTINGS

Grid List Table Map
326 LIPIZZANER STREET Ottawa

$2,700
3 Bedrooms |3 Bathrooms
326 LIPIZZANER STREET
OTTAWA
Flooring: Tile, Deposit: 5400, Flooring: Hardwood, LANDLORD PAID SNOW BLOWING SERVICE FOR 2024-25 SEASON! Discover the perfect combination of comfort and style in this spacious three-bedroom, three-bathroom townhome. Nestled in the desirable neighbourhood of Stittsville, this home offers an open-concept living area that's ideal for entertaining. The modern kitchen features a gourmet island with quartz countertops, a breakfast bar, and stainless steel appliances. Relax by the cozy gas...
905 - 429 SOMERSET STREET W Ottawa

$480,000
2 Bedrooms |2 Bathrooms
905 - 429 SOMERSET STREET W
OTTAWA
Prime downtown living just steps from Bank St! This bright 2-bed, 2-bath condo on the 9th floor offers gleaming hardwood floors, a private balcony, and in-unit laundry. Enjoy the convenience of a 3-piece ensuite, an additional 4-piece bath, underground parking, and a storage locker. With one of the best layouts in the building, this unit combines comfort and style in an unbeatable location. Come and see for yourself!, Flooring: Tile, Flooring: Hardwood
170 LILY POND STREET Ottawa

$799,999
4 Bedrooms |3 Bathrooms
170 LILY POND STREET
OTTAWA
Flooring: Tile, Nestled in a fantastic neighbourhood, this exquisite 2-story detached home boasts 4 bedrooms and 3 bathrooms, including a luxurious ensuite.As you step inside, you're greeted by an abundance of natural light accentuating the open-concept layout. The living area seamlessly flows into the heart of the home: the kitchen. Here, you'll find gleaming granite countertops, ample cabinetry, and a generously sized island that serves as the focal point. For those who require a dedicated...
1210 - 234 RIDEAU STREET Ottawa

$2,000
1 Bedrooms |1 Bathrooms
1210 - 234 RIDEAU STREET
OTTAWA
Flooring: Tile, Luxurious One Bedroom condo with Southern Exposure, in Prestigious Claridge Plaza in the heart Of Downtown. This Condo is only just Steps away from all Shops, Dining & Recreational options Ottawa downtown has To offer! This Modern Condo with Private Balcony, Granite Counter tops & Appliances with In-Unit Laundry has Prestigious living so close to the city!. Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer are included. Stunning open concept, sun drenched...
129A CARTIER STREET Ottawa

$1,495,000
3 Bedrooms |4 Bathrooms
129A CARTIER STREET
OTTAWA
Flooring: Tile, 3 Bed + Family Room, 3.5 Bath Luxury Semi in the Golden Triangle. Contractors own home built in 2011 with extra quality and features. Over 3,000 sqft of finished living space plus over 1,000 sqft of outdoor decks and landscaped lot. Home features an elevator that accesses the basement to the roof top decks. Hardwood floors and tile throughout. All bedrooms have full ensuite baths. High ceilings and large windows provide a light and bright open feeling. Home office and home...
113 CLARENDON AVENUE Ottawa

$1,399,000
3 Bedrooms |2 Bathrooms
113 CLARENDON AVENUE
OTTAWA
Flooring: Tile, This exceptional quality, urban semi-detached build is located in the highly sought after area of Wellington Village. This 3 bedrm + study (or 4th bedrm) has an attached garage which includes an electric car charging station. This unique home was built by an award winning architect for his personal use, with a careful blend of the sustainability features of the owner versus the market standard of construction. This home boasts insulated concrete form walls [ICF] from...
Address Price Bed Bath SqFt Area Sub Area Brokerage
326 LIPIZZANER STREET Ottawa
326 LIPIZZANER STREET
 $2,700 3 3 19.69 x 105.74 FT Ottawa RIGHT AT HOME REALTY
905 - 429 SOMERSET STREET W Ottawa
905 - 429 SOMERSET STREET W
 $480,000 2 2 Ottawa UNRESERVED BROKERAGE
170 LILY POND STREET Ottawa
170 LILY POND STREET
 $799,999 4 3 33.99 x 82.02 FT ; 0 Ottawa EXP REALTY
1210 - 234 RIDEAU STREET Ottawa
1210 - 234 RIDEAU STREET
 $2,000 1 1 0 Ottawa ROYAL LEPAGE TEAM REALTY
129A CARTIER STREET Ottawa
129A CARTIER STREET
 $1,495,000 3 4 22.34 x 99.77 FT ; 0 Ottawa EXP REALTY
113 CLARENDON AVENUE Ottawa
113 CLARENDON AVENUE
 $1,399,000 3 2 25 x 100.1 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
Search

Our Family Helping Yours

Elizabeth Stewart

REALTOR®

Spencer Cudney

REALTOR®

Royal LePage Team Realty,

1723 CARLING AVE.

Ottawa, ON

K2A 1C8

OFFICE: 613.725.1171

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.