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For sale
  • C$1,479,000

    339 Chapel St, Ottawa, ON K1N 7Z5

    7beds
    4baths
    Quadruplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    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 6.4% 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
    18 days
    on Zillow
    |
    60
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2025 at 03:28am

    Listed by:

    ROYAL LEPAGE INTEGRITY REALTY

    Source: TRREB,MLS®#: X12321528MLS LogoOriginating MLS®#: Ottawa Real Estate Board

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Instant Hot Water, Water Heater
    Features
    • Separate Heating Controls
    • Basement: Separate Entrance,Apartment
    • Has fireplace: Yes
    Interior area
    • Living area range: 2500-3000 null

    Property

    Parking
    • Total spaces: 4
    • Parking features: Lane
    Accessibility
    • Accessibility features: Multiple Entrances
    Features
    • Stories: 2.5
    • Patio & porch: Deck, Porch
    • Exterior features: Paved Yard
    • Pool features: None
    Lot
    • Size: 3,333 Square Feet
    • Features: Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, School, Rectangular Lot
    Details
    • Parcel number: 042080207

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick, Other
    • Foundation: Stone
    • Roof: Metal

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Ottawa

    Financial & listing details

    • Annual tax amount: C$8,494
    • Date on market: 8/2/2025
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