For Sale: 339 Chapel Street, Ottawa, ON - REW
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$1,399,880
7 bd • 4 ba • 2500 - 2999 sf • Multifamily
339 Chapel Street
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$1,399,880
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339 Chapel StreetOttawa, ON, K1N 7Z5

Sandy Hill
  • 7 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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: $98,611 approx, delivering an estimated NOI of $70,205 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. (id:63626)
Listed by: Sorin Vaduva, Salesperson, ROYAL LEPAGE INTEGRITY REALTY

Home facts and features

Price details
List Price
$1,399,880
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Gross Taxes for 2026
$9,095
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
100 feet
Frontage
33.3 feet
Exterior Finish
Brick
Heating Type
Baseboard heaters, Natural gas
Cooling
Window air conditioner
Basement Details
Finished, Full, Apartment in basement, Separate entrance, Walk out, , ,
Features
Lane, Paved yard, Separate Heating Controls, Smoke Detectors
Appliances
Dishwasher, Dryer, Furniture, Hood Fan, Refrigerator, Stove, Washer, Water Heater, Water Heater - Tankless
Community
Agent details
Primary Agent
Sorin Vaduva
Primary Broker
ROYAL LEPAGE INTEGRITY REALTY
Listing details
Days on REW
134 Days
Property Views
60
MLS® Number
X12722776
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

ÉEP Francojeunesse
  • Public
  • JK - 6
Viscount Alexander Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
ÉEP Le Trillium
  • Public
  • JK - 6
York Street Public School
  • Public
  • JK - 8
Lisgar Collegiate Institute
  • Public
  • 9 - 12
ÉEP De la Salle
  • Public
  • 7 - 8
ÉSP De La Salle
  • Public
  • 9 - 12
Répit-Transit
  • Public
  • JK - 12
Elgin Street Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Sorin Vaduva
Phone:
(613) 262-9562
Office:
613-829-1818
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