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Maha Shahbazian

maha@ottawarealestate.com +1(613) 862-6242

Est. payment | -/mo

7 Beds

4 Baths

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Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 4004 - Sandy Hill

MLS Listing ID X12722776

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $9,095

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa's most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow.

Location

State ON

County Ottawa

Area Ottawa

Zoning R4H480

Rooms

Family Room Yes

Basement Separate Entrance, Apartment, Full, Finished with Walk-Out

Kitchen 4

Interior

Interior Features On Demand Water Heater, Separate Heating Controls, Water Heater

Cooling Window Unit(s)

Inclusions 4 Refrigerators, 4 stoves, 3 hood fans, 4 washers and 4 dryers, 3 dishwashers, All light fixtures, All Furniture in all units except basement unit, floor plans, professional pictures

Exterior

Exterior Feature Deck, Porch, Paved Yard

Parking Features Lane

Pool None

Roof Type Metal

Lot Frontage 33.33

Lot Depth 100.0

Total Parking Spaces 4

Building

Foundation Stone

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=2WDockmhHjB

Listed by ROYAL LEPAGE INTEGRITY REALTY

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(613) 862-6242

maha@ottawarealestate.com

339 Chapel ST Lower Town - Sandy Hill, ON K1N 7Z5

Maha Shahbazian

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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339 Chapel ST

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