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521 Chapel St, Ottawa, ON

House

For Sale

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522
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $6,782
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12223730

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Investment Opportunity in Sandy Hill! This fully leased, income-generating property offers an impressive $4, 485 per month in rental income for the 2025/2026 school season, with a Net Operating Income (NOI) of approximately $47, 391 annually and a solid 6.00% cap rate Currently a student rental, and has been for many years with zero vacancy. This 5-bedroom home is perfectly located just steps from the University of Ottawa, Strathcona Park, and the vibrant Downtown Ottawa. The spacious main floor features a bright front bedroom, a cozy living room, a functional kitchen, a 3-piece bathroom, and an additional bedroom at the rear. Upstairs, youll find three generously sized bedrooms and a full bathroom. Nestled in a sought-after neighbourhood with a high walkability score, this property offers convenient access to the Rideau Centre, the Canal, public transit, and a variety of amenities, making it highly attractive to students and young professionals. Whether youre expanding your investment portfolio or searching for a property with steady rental income, this home is a must-see. Redevelopment Potential.Show Description
MLS® NumberX12223730
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
HeatElectric, Baseboard
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Dining Room:Main11.91 × 11.49 ft

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