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$699,900
Ontario,Ottawa
For Sale Active
521 CHAPEL STREET, Ottawa, Ontario K1N8A1
  • 5
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

Turn-Key Investment in the Heart of Sandy Hill! An exceptional opportunity for investors, this fully leased property generates $4,485/month in rental income for the 2025/2026 school year, delivering an estimated Net Operating Income of $47,391 annually and a 6.0% cap rate. Currently operated as a student rental with zero vacancy history, this five-bedroom home is ideally situated steps from the

University of Ottawa, Strathcona Park, and the Downtown core. The main level features a bright front bedroom, a welcoming living room, a functional kitchen, a full 3-piece bath, and a second bedroom at the rear. Upstairs, you’ll find three spacious bedrooms and another full bath. Located in a high-demand neighbourhood with an excellent walk score, residents enjoy easy access to the Rideau Canal, Rideau Centre, public transit, and an array of local amenities – making it especially appealing to students and young professionals. Whether you’re expanding your portfolio or seeking a steady income property in a proven location, this home is a must-see. Potential for future redevelopment adds even greater value. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12472292
  • Price: $699,900
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE INTEGRITY REALTY
  • Property Sub Type: Single Family
  • Office Key: 291692
Features & Appliances
Features
  • Heating System: Electric, Baseboard heaters
  • Cooling System: None
  • Basement: Full, Unfinished
  • Parking: No Garage
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Ottawa, K1N8A1
  • Street: CHAPEL
  • Street Number: 521
  • Street Suffix: Street
  • Longitude: W76° 19' 37.1''
  • Latitude: N45° 25' 18.9''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 22.6 x 100 FT ; 0
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6782
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Listing updated: 2026-02-24 18:26:38
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Listing Information
  • List Agent Key: 1685997
  • List Office Key: 291692
  • Modification Timestamp: 2026-02-23T17:30:27Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-02-23T17:23:18Z
Powered by REALTOR.ca
Listing updated: 2026-02-24 18:26:38
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