339 CHAPEL STREET
4004 - Sandy Hill, Ottawa, Ontario
- 7 beds
- 4 baths
About this property
Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa’s most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow. (id:66327)
Property details
Interior
- Bedrooms
- 7
- Bedrooms above grade
- 7
- Bathrooms
- 4
- Storeys
- 2.5
- Basement
- Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Furniture, Water Heater - Tankless, Water Heater
Exterior & parking
- Structure type
- Fourplex
- Architectural style
- []
- Lot size
- 33.3 x 100 FT
- Parking spaces
- 4
- Parking features
- No Garage
- Exterior features
- Brick
Building & HOA
- Heating
- Baseboard heaters, Natural gas
- Cooling
- Window air conditioner
Financial & legal
- List price
- $1,399,880
- Annual taxes
- $9,095
- Status
- Active
- MLS® number
- X12722776
Location
- City
- Ottawa
- Neighbourhood
- 4004 - Sandy Hill
- Province
- Ontario
- Postal code
- K1N7Z5
- Directions
- Corner of Osgoode Street and Chapel Street
Room details
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living room | Lower level | 4.45 x 3.01 meters | |
| Living room | Second level | 3.08 x 2.8 meters | |
| Kitchen | Lower level | 5.18 x 3.56 meters | |
| Dining room | Second level | 3.01 x 1.92 meters | |
| Kitchen | Second level | 3.01 x 2.77 meters | |
| Primary Bedroom | Second level | 3.56 x 3.26 meters | |
| Bedroom | Second level | 3.16 x 3.07 meters | |
| Living room | Third level | 3.84 x 3.38 meters | |
| Dining room | Third level | 3.38 x 2.8 meters | |
| Kitchen | Third level | 3.59 x 3.29 meters | |
| Primary Bedroom | Third level | 3.77 x 3.16 meters | |
| Bedroom | Third level | 3.59 x 3.16 meters | |
| Primary Bedroom | Lower level | 3.99 x 2.86 meters | |
| Bedroom | Lower level | 3.41 x 2.62 meters | |
| Laundry room | Lower level | 1.86 x 2.04 meters | |
| Foyer | Main level | 2.4 x 1.06 meters | |
| Living room | Main level | 3.99 x 2.56 meters | |
| Dining room | Main level | 3.96 x 2.22 meters | |
| Kitchen | Main level | 4.29 x 3.07 meters | |
| Primary Bedroom | Main level | 4.99 x 3.69 meters |
Mortgage calculator
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).