For Sale

46 Nelson Street, Lower Town - Sandy Hill, Ontario K1N 7R2

$0

46 Nelson Street, Lower Town - Sandy Hill, Ontario K1N 7R2 is For Sale and has a listing price of 5,015,000. The property is located in the Lowertown neighbourhood . It's been on the website for 27 Days.

  • Investment
    Property Type
  • MLS ID: X12401654
  • Office Name SLEEPWELL REALTY GROUP LTD
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.

Property Details
  • MLS ID: X12401654
  • Price: $5,015,000
  • Lot Depth: 102.5
  • Transaction Types: For Sale
  • Ref ID: X12401654
  • Year Built: N/A
  • Dir / Cross St: Nelson & Clarence
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/13/2025 X12401654 $5,015,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Lowertown
  • $641,562 Average List Price
    based on 1 year
  • 33 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.73 % Up
  • Sold (12mo) 19
  • Rented (12mo) 45

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 86 Transit Score
    Excellent Transit
  • 97 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Y
  • Taxes: $41,178
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 13/09/2025 00:52:37
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