+1 (613) 440-1339
See all 50 photos
For sale
Fourplex

339 Chapel Street

$1,540,000
Ottawa, Ontario, K1N 7Z5
Open In Google Maps
Favorite

Overview

  • Updated On:
  • June 11 2025
  • MLS® Number
  • X12211892
  • 7 Bedrooms
  • 4 Bathrooms

Description

Prime Turnkey Fourplex in the best part of Sandy Hill, Strong Cash Flow, good medium term tenants, and Exceptional Upside. Welcome to 339 Chapel Street, a beautifully maintained & fully tenanted fourplex in the heart of Sandy Hill, one of Ottawa's most desirable and rent ready neighborhoods. This income generating asset offers a rare combination of solid returns, a premier location, and strong tenant appeal. The property consists of three well-designed 2 bedroom units and one very spacious 1bedroom unit, all with separate hydro meters, in-unit laundry, updated interiors, and functional layouts. The top two units are leased at $2,900/month all inclusive and furnished, the main level 1 bedroom is currently fetching $2,700/month all inclusive and furnished, and the basement 2-bedroom is rented at $1,550/month + Hydro unfurnished, bringing the total monthly rent to $10,050 and approx $120,600 annually. Recent upgrades include: Windows & Metal Roof (2021)Modern Kitchens & Bathrooms, Flooring, Decks, Porches & Exterior Entryways all updated. On Demand Tankless Hot Water System (Rental). Additional features include a sauna in the 2nd floor unit, a large rear deck, second floor balcony, 4 on-site parking spaces for possible additional income, and a private backyard. Three of the four units are furnished and all furniture is included in the sale (except the basement unit). With total yearly expenses of approximately $26,377.61, the net operating income reaches approximately $94,222, making this a 6.11% cap rate opportunity. A perfect opportunity for investors looking to grow their portfolio with a stress free, professionally maintained asset in a high-demand location. Proximity to Ottawa University, transit, parks, the Rideau River, and downtown ensures stable, long-term rental demand. 3D tour walk through of building here : https://my.matterport.com/show/?m=2WDockmhHjB, floor plans available (id:57887)

Details

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 3
Neighbourhood: Sandy Hill

Features

Amenities
Separate Heating Controls
Appliances
Water Heater - Tankless
Water Heater
Dishwasher
Dryer
Furniture
Hood Fan
Stove
Washer
Refrigerator
Cooling & Heating
Natural gas
Baseboard heaters
Window air conditioner
ExteriorFinish
Brick
FireProtection
Smoke Detectors

Calculator

$ 7,895.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,970.88

Building Details

Bedroom
BedroomsAboveGround: 7
BedroomsTotal: 7
Bathroom
BathroomTotal: 4
Basement
BasementFeatures: Apartment in basement, Separate entrance
BasementType: N/A
Fire Place
FireplaceTotal: 1
Size
SizeInterior: 2500 - 3000 sqft
Construction
FoundationType: Stone
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
FenceType: Fenced Yard
LandAmenities: Public Transit, Schools
Sewer: Sanitary Sewer
SizeDepth: 100 Ft
SizeFrontage: 33 Ft ,3 In
SizeIrregular: 33.3 X 100 Ft
SizeTotalText: 33.3 X 100 Ft
ZoningDescription: R4h480

Room Details

Second level
Type Dimensions
Living Room 3.08 m x 2.8 m
Dining Room 3.01 m x 1.92 m
Kitchen 3.01 m x 2.77 m
Primary Bedroom 3.56 m x 3.26 m
Bedroom 3.16 m x 3.07 m
Third level
Type Dimensions
Living Room 3.84 m x 3.38 m
Dining Room 3.38 m x 2.8 m
Kitchen 3.59 m x 3.29 m
Primary Bedroom 3.77 m x 3.16 m
Bedroom 3.59 m x 3.16 m
Lower level
Type Dimensions
Living Room 4.45 m x 3.01 m
Kitchen 5.18 m x 3.56 m
Primary Bedroom 3.99 m x 2.86 m
Bedroom 3.41 m x 2.62 m
Laundry Room 1.86 m x 2.04 m
Main level
Type Dimensions
Foyer 2.4 m x 1.06 m
Living Room 3.99 m x 2.56 m
Dining Room 3.96 m x 2.22 m
Kitchen 4.29 m x 3.07 m
Primary Bedroom 4.99 m x 3.69 m

What's Nearby

Schedule a tour

Fri 20 Jun
Sat 21 Jun
Sun 22 Jun
Mon 23 Jun
Tue 24 Jun
Wed 25 Jun
Thu 26 Jun
Fri 27 Jun
Sat 28 Jun
Sun 29 Jun
In Person
Video Chat
Your information

  • Your Favourites

     

    No Favourites Found

     

  • Search

Powered by: REALTOR.ca
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


June 11 2025 02:05:08

Ottawa Real Estate Board

Keller Williams Integrity Realty

Helping good people find their way home.

Let's discuss your needs

+1 (613) 440-1339
bimalvyas@yahoo.com
Copyright © 2024 Bimal Vyas | Developed by Metaleaf Technologies
Whatsapp Facebook Instagram
Whatsapp Facebook Instagram
  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Compare Listings