ON > Lower Town - Sandy Hill > 4004 - Sandy Hill
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
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Craig Strachan

Craig Strachan

+1(705) 730-4892
$789,900
Est. payment /mo
5 Beds
2 Baths
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 4004 - Sandy Hill

MLS Listing ID X12223730

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,782

Tax Year 2025

Property Sub-Type Detached

Property 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.

Location

Province ON

County Ottawa

Community 4004 - Sandy Hill

Area Ottawa

Zoning R4UA [480] - N4B[480]

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 1

Interior

Interior Features Primary Bedroom - Main Floor

Cooling None

Inclusions Stove, Refrigerator, Dishwasher

Exterior

Parking Features Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 22.63

Lot Depth 100.0

Total Parking Spaces 2

Building

Foundation Stone

Others

Senior Community No

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Listed by KELLER WILLIAMS INTEGRITY REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 730-4892

craig@bellwethergroup.ca

23 Clapperton St. L4M 3E4, Barrie, ON, Canada

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521 CHAPEL ST