Chapel St
Sandy Hill, Ottawa
$1,399,880
Buy with Dwelly and Save $13,999
Home Details
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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.
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
City: Ottawa
Neighborhood: Sandy Hill
Property History
Rooms
Room dimensions for Chapel St, Ottawa
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1399880 |
| Down Payment | $279976 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1119904 |
Monthly Payment
| Mortgage Payment | $6901 |
| Property Taxes | $758 |
| Maintenance Fees | $0 |
| Monthly Payment | $7659 |
About Chapel St, Ottawa
Located at 339 Chapel St , this Ottawa house is available for sale. This property was listed for $1,399,880 on Thu Jan 22 2026. This house's size is 2500-3000 Sqft. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Kitchen, Primary, Br, Laundry, Foyer, Living, Dining, Kitchen, Primary, Living, Dining, Kitchen, Primary, Br, Living, Dining, Kitchen, Primary, Br. This property comes with 4 parking spots. 339 Chapel St, Ottawa is situated in the Sandy Hill neighbourhood.
MLS#: X12722776 · $1,399,880 · 7 bedroom house in Sandy Hill, Ottawa