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Key Facts
Key facts for 521 CHAPEL Street
Property Type
House, 2-Storey
Parking
None 0 garage, 1 parking
MLS #
X12223730
Size
1100-1500 sqft
Basement
Full,Unfinished
Listed on
2025-06-16
Lot size
23 x 100.0
Tax
$6,782 /yr
Days on Market
127
Approximate Age
-
Maintenance Fee
-
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 ren...tal, 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.
