Address
425-427 NELSON STREET Ottawa, ON
Price
$ 949,000
Property Attributes
  • ID#1241280
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodSandy Hill
  • Postal CodeK1N 7S6
  • Style
  • Price$ 949,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
ROYAL LEPAGE TEAM REALTY
Data Source:
Canadian Real Estate Association
Property Description

Pride of ownership evident in this well-maintained, turn-key 3-unit income property in the heart of Sandy Hill. 427 Nelson St is a 2-storey 3-bdr +den unit that could convert to a 4-bdr, renovated in 2017. 425 Nelson St has two 1-bdr apts completely renovated in 2020. Numerous investor options: 1) Rent to students or young professionals**, 2) Owner-occupy renting 2 other units and let it pay your mortgage**, 3) Add onto the rear (as has been done by neighbours), 4) Re-develop the entire 40 x 123 ft lot, 5) Zoned minor institutional - rooming house, daycare, retirement home & many other options, or 6) Develop the basement. 3 parking spots & coin laundry provide additional monthly income. 2 blocks from uOttawa & steps to the LRT, Market, Rideau Centre, Parliament Hill, Rideau Canal & the downtown core. (**Full residential use may require re-zoning application). (id:7434)

General Features

Ammenities Public Transit, Recreation Nearby, Shopping
Building Basement Features Low
Building Cooling Type None
Building Type Duplex
Fixture Ceiling fans
Foundation Type Stone
More Information Link https://www.realtor.ca/real-estate/23198627/425-427-nelson-street-ottawa-sandy-hill
Neighbourhood Sandy Hill
Property Type Multi-family
Zoning Description I1A

Interior Features

Basement Development Unfinished
Basement Type Unknown (Unfinished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air
Construction Material Masonry
Flooring Type Wall-to-wall carpet, Mixed Flooring, Laminate, Tile

Exterior Features

Exterior Finish Brick
Fence Type Fenced yard
Land Amenities Public Transit, Recreation Nearby, Shopping
Parking Space Total 3
Sewer Municipal sewage system
Structure Deck

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1N 7S6

Price
AVG $950K
$950K
Visits
AVG 34
33
Year Built
AVG 1891
1891
Walkscore
AVG 92
92
Data Provided by Walkscore ® not using MLS data