Mirna Botros

613-600-2626

521 Chapel Street - $699,900

521 Chapel Street - $699,900

521 Chapel Street

$699,900

4004 - Sandy Hill

Ottawa, OntarioK1N8A1

5 beds

2 baths

1 parking

MLS#: X12472292Listed: 4 months agoUpdated:6 days ago

Description

Turn-Key Investment in the Heart of Sandy Hill! An exceptional opportunity for investors, this fully leased property generates $4,485/month in rental income for the 2025/2026 school year, delivering an estimated Net Operating Income of $47,391 annually and a 6.0% cap rate. Currently operated as a student rental with zero vacancy history, this five-bedroom home is ideally situated steps from the University of Ottawa, Strathcona Park, and the Downtown core. The main level features a bright front bedroom, a welcoming living room, a functional kitchen, a full 3-piece bath, and a second bedroom at the rear. Upstairs, you'll find three spacious bedrooms and another full bath. Located in a high-demand neighbourhood with an excellent walk score, residents enjoy easy access to the Rideau Canal, Rideau Centre, public transit, and an array of local amenities - making it especially appealing to students and young professionals. Whether you're expanding your portfolio or seeking a steady income property in a proven location, this home is a must-see. Potential for future redevelopment adds even greater value. (id:58075)

Details

Details for 521 Chapel Street, Ottawa, Ontario

Property Type: Single Family
Building Type: House
Storeys: 2
Neighborhood: 4004 - Sandy Hill
Land Size: 22.6 x 100 FT ; 0
Year Built: -
Annual Property Taxes: $6,782
Parking Type: No Garage

Inside

Appliances: Refrigerator, Dishwasher, Stove
Rooms: 7
Bedrooms: 5
Bathrooms: 2
Fireplace: -
Fireplace Total: -
Basement: Unfinished, Full

Building

Architecture Style: -
Direction: Take Mann to Chapel Street.
Type of Dwelling: house
Roof: -
Exterior: -
Foundation: Stone
Flooring: -

Land

Sewer: Sanitary sewer
Lot Size: 22.6 x 100 FT ; 0
Zoning: -
Zoning Description: R4UA [480] - N4B[480]

Parking

Features: No Garage
Total Parking: 1

Utilities

Cooling: None
Heating: Baseboard heaters, Electric
Water: Municipal water

Feature Highlights

Community: -
Lot Features: -
Security: -
Pool: -
Waterfront: -

Rooms

Rooms for 521 Chapel Street, Ottawa, Ontario

Level	Name	Dimensions
Main level	Living room
	Kitchen
	Dining room
	Den
Second level	Primary Bedroom
	Bedroom
	Bedroom

Map

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