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MLS® X12472292

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $6,782
Days Active 13
Lot Size 
Approx. Age 
MLS® Number X12472292

Property Address: 521 Chapel St, Ottawa, ON, K1N8A1

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Investment in the Heart of Sandy Hill! An exceptional opportunity for investors, this fully leased property generates $4, 485/month in rental income for the 2025/2026 school year, delivering an estimated Net Operating Income of $47, 391 annually and a 6.0% cap rate. Currently operated as a student rental with zero vacancy history, this five-bedroom home is ideally situated steps from the University of Ottawa, Strathcona Park, and the Downtown core. The main level features a bright front bedroom, a welcoming living room, a functional kitchen, a full 3-piece bath, and a second bedroom at the rear. Upstairs, you'll find three spacious bedrooms and another full bath. Located in a high-demand neighbourhood with an excellent walk score, residents enjoy easy access to the Rideau Canal, Rideau Centre, public transit, and an array of local amenities - making it especially appealing to students and young professionals. Whether you're expanding your portfolio or seeking a steady income property in a proven location, this home is a must-see. Potential for future redevelopment adds even greater value.Show Description
MLS® NumberX12472292
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Den:Main Floor10.9 × 11.59 ft

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Price History

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Home Appraisal

This property is estimated to sell between: $739,000 and $949,000.
Similar properties in this area sold on average for: $879,171
Expected to sell in 34 days. Similar properties sold in 47 days. This home has been on eXp Realty for 13 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
521 Chapel St, Ottawa, ON

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