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Lower Town - Sandy Hill, ON K1N 7R2,46 Nelson ST
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Lower Town - Sandy Hill, ON K1N 7R2,46 Nelson ST,Video Tour
Lower Town - Sandy Hill, ON K1N 7R2,46 Nelson ST
Lower Town - Sandy Hill, ON K1N 7R2,46 Nelson ST
Lower Town - Sandy Hill, ON K1N 7R2,46 Nelson ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 5,015,000
Est. payment /mo
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46 Nelson ST Lower Town - Sandy Hill, ON K1N 7R2

4,532 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,532 sqft

Price per Sqft $1,106

Subdivision 4002 - Lower Town

MLS Listing ID X12401654

Annual Tax Amount $41,178

Tax Year 2025

Property Sub-Type Investment

Lot Depth 102.5

Lot Front 46.56

Property Description

Outstanding investment opportunity in the heart of downtown Ottawa. 46 Nelson is a fully renovated multi-residential property featuring 18 furnished suites with 20 bedrooms, all operated on an all-inclusive rental model that continues to attract strong demand from both students and young professionals. The building produces a gross annual income of $404,000, supplemented by additional parking and laundry revenue, resulting in a Net Operating Income of $288,673 and a very attractive cap rate of 5.75%. These metrics highlight the properties strength as a stable, cash-flowing asset in todays market. The location is boasting a 99 Walk Score, 86 Transit Score, and 97 Bike Score, with residents enjoying immediate access to the University of Ottawa, the ByWard Market, shopping, dining, and essential amenities. Extensive renovations and infrastructure upgrades ensure reliability, efficiency, and lower operating costs for years to come. The fully furnished and all-inclusive rental approach not only maximizes income but also broadens tenant appeal, reducing vacancy risk and keeping turnover manageable in a highly competitive rental market. For investors seeking a turnkey property with strong cash flow, proven stability, and long-term appreciation potential, 46 Nelson stands out as a rare opportunity to acquire a high-performing building in one of Ottawas most vibrant and desirable downtown neighbourhoods.

Location

Province ON

County Ottawa

Community 4002 - Lower Town

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 46.56

Lot Depth 102.5

Others

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Listed by SLEEPWELL REALTY GROUP LTD
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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46 Nelson ST

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