521 CHAPEL Street

Lower Town - Sandy Hill, 4004 - Sandy Hill

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.

This detached home located at 521 CHAPEL Street, Lower Town - Sandy Hill, ON K1N 8A1 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$740K. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. The property is N/A years old. 521 CHAPEL Street, Lower Town - Sandy Hill, ON K1N 8A1 is in Lower Town - Sandy Hill neighborhood 4004 - Sandy Hill.