521 CHAPEL Street

Lower Town - Sandy Hill, 4004 - Sandy Hill

描述

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.

This detached home located at 521 CHAPEL Street, LowerTownSandyHill, ON K1N 8A1 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$790K. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. The property is N/A years old. 521 CHAPEL Street, LowerTownSandyHill, ON K1N 8A1 is in Lower Town - Sandy Hill neighborhood 4004 - Sandy Hill.