339 Chapel Street
Lower Town - Sandy Hill
$1,399,880
Buy with Dwelly and Save
Home Details
Buy with Dwelly and save
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Listing 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: $104,011.09 approx, yearly expenses of $29,966, delivering an estimated NOI of $74,045 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.
City: Lower Town - Sandy Hill
Mortgage Calculator
Your estimated monthly payment for 339 Chapel Street is 7,659
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1,399,880 |
| Down Payment | $279,976 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1,119,904 |
Monthly Payment
| Mortgage Payment | $6,901 |
| Property Taxes | $758 |
| Maintenance Fees | $0 |
| Monthly Payment | $7,659 |
About 339 Chapel Street, Lower Town - Sandy Hill
Located at 339 Chapel Street , this Lower Town - Sandy Hill house is available for sale. This property was listed for $1,399,880 on Tue Mar 31 2026. It has 7 bedrooms and 4 bathrooms. The property's amenities include Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, School. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: undefined · $1,399,880 · 7 bedroom house in Lower Town - Sandy Hill