339 Chapel St
Sandy Hill, Ottawa
$1,479,000
Buy with Dwelly and Save $14,790
Home Details
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Listing Description
Prime Turnkey Fourplex in the best part of Sandy Hill, Strong Cash Flow, good medium term tenants, and Exceptional Upside. Welcome to 339 Chapel Street, a beautifully maintained & fully tenanted fourplex in the heart of Sandy Hill, one of Ottawa's most desirable and rent ready neighborhoods. This income generating asset offers a rare combination of solid returns, a premier location, and strong tenant appeal. The property consists of three well-designed 2 bedroom units and one very spacious 1bedroom unit, all with separate hydro meters, in-unit laundry, updated interiors, and functional layouts. The top two units are leased at $2,900/month all inclusive and furnished, the main level 1 bedroom is currently fetching $2,700/month all inclusive and furnished, and the basement 2-bedroom is rented at $1,550/month + Hydro unfurnished, bringing the total monthly rent to $10,050 and approx $120,600 annually. Recent upgrades include: Windows & Metal Roof (2021)Modern Kitchens & Bathrooms, Flooring, Decks, Porches & Exterior Entryways all updated. On Demand Tankless Hot Water System (Rental). Additional features include a sauna in the 2nd floor unit, a large rear deck, second floor balcony, 4 on-site parking spaces for possible additional income, and a private backyard. Three of the four units are furnished and all furniture is included in the sale (except the basement unit). With total yearly expenses of approximately $26,377.61, the net operating income reaches approximately $94,222, making this a 6.4% cap rate opportunity. A perfect opportunity for investors looking to grow their portfolio with a stress free, professionally maintained asset in a high-demand location. Proximity to Ottawa University, transit, parks, the Rideau River, and downtown ensures stable, long-term rental demand. 3D tour walk through of building here : https://my.matterport.com/show/?m=2WDockmhHjB, floor plans available
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
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jun 10, 2025 | 50 | $1,540,000 | N/A | Terminated | X12211892 |
Rooms
Room dimensions for 339 Chapel St, Ottawa
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 339 Chapel St is 7999
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1479000 |
| Down Payment | $295800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1183200 |
Monthly Payment
| Mortgage Payment | $7291 |
| Property Taxes | $708 |
| Maintenance Fees | $0 |
| Monthly Payment | $7999 |
About 339 Chapel St, Ottawa
Located at 339 Chapel St , this Ottawa house is available for sale. This property was listed for $1,479,000 on Sat Aug 02 2025. 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#: X12321528 · $1,479,000 · 7 bedroom house in Sandy Hill, Ottawa