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393 Nelson St 17 Unit Apartment Building $6,795,000 CAD ($399,706 CAD/Unit) Ottawa, ON K1N 7S6


INVESTMENT HIGHLIGHTS
- Prime Sandy Hill location just blocks from the Uof O and walking distance to major amenities including the Rideau Centre and ByWard Market.
- Property includes four coin-operated laundry machines with a card system, plus a new fob and intercom entry system.
- Solid 3.5-storey brick building featuring a diversified unit mix of 18 apartments, with balconies on all upper-level units.
- All units were fully renovated in 2015 with modern kitchens, bathrooms, updated finishes, and bright, spacious layouts; financials available with NDA.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $6,795,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $399,706 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 17 | Building Size | 8,029 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1912 |
| Price | $6,795,000 CAD |
| Price Per Unit | $399,706 CAD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,029 SF |
| No. Stories | 3 |
| Year Built | 1912 |
AMENITIES
UNIT AMENITIES
- Balcony
- Hardwood Floors
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 1 | - | - |
| 3+1 | 11 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (97)
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393 Nelson St
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