393 Nelson St - Apartments FOR SALE


Ottawa, ON K1N 7S6- Downtown
$6,795,000 CAD
613-860-3500
393 Nelson St, Ottawa, ON for Sale
$6,795,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

393 Nelson St
Ottawa, ON K1N 7S6
Downtown


HIGHLIGHTS

  • Prime Sandy Hill location just blocks from the Uof O and walking distance to major amenities including the Rideau Centre and ByWard Market.
  • Solid 3.5-storey brick building featuring a diversified unit mix of 18 apartments, with balconies on all upper-level units.
  • Property includes four coin-operated laundry machines with a card system, plus a new fob and intercom entry system.
  • All units were fully renovated in 2015 with modern kitchens, bathrooms, updated finishes, and bright, spacious layouts; financials available with NDA.

OVERVIEW

Located only a few blocks away from the University of Ottawa in Sandy Hill, this 18 unit building is ideally situated, and a short walking distance to major commercial and retail amenities, including the Rideau Centre and the Byward Market, along with convenient access to highway 417, multiple bus and transit routes. 3.5 storey building, solid brick exterior, andthe unit mix consists of 5 bachelor units, 1 one-bedroom apartment, 1 two-bedroom unit, and 11 three-bedroom units; with balconies on all the upper units. There are 4 coin-operated laundry machines, all with a card system, as well as a new fob and intercom system. All units were extensively renovated in 2015, with new kitchens, bathrooms, appliances, flooring, lighting,and feature large living rooms, well-proportioned bedrooms, hardwood flooring in the living rooms and bedrooms, ceramic flooring in the kitchens, large windows and high ceilings that provide bright and spacious-feeling apartments. Financials provided with an NDA.

FOR SALE DETAILS

PRICE

$6,795,000 CAD

PRICE/SF

$846 CAD /SF

# OF UNITS

17

PRICE/UNIT

$399,706

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,129 SF

ZONING

-

APN/PARCEL ID

061403150138300

ASK ABOUT THIS PROPERTY

Alex DiazSynercapital Investment RealtyMore Info
613-860-3500

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Alex DiazSynercapital Investment RealtyMore Info
613-860-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.