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339 CHAPEL STREET, Ottawa, Ontario, K1N7Z5

MLS: X12722776 | Fourplex

$1,399,880

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Property 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. (id:64974)

Directions: Corner of Osgoode Street and Chapel Street

Quick Facts

  • Property Type: Fourplex
  • Bedrooms: 7 (7 above)
  • Bathrooms: 4
  • Attached: Yes
  • Fireplaces: Yes
  • Parking: 4 spaces (No Garage)
  • Frontage: 33 ft (10.1 m)

Costs

  • Annual Taxes: $9,095.00

Listing Provided by: ROYAL LEPAGE INTEGRITY REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Baseboard heaters, Natural gas
  • Cooling: Window air conditioner
  • Basement: Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Furniture, Water Heater - Tankless, Water Heater
  • Security: Smoke Detectors

Exterior & Construction

  • Exterior: Brick
  • Foundation: Stone
  • Fencing: Fenced yard
  • Sewer: Sanitary sewer
  • Water: Municipal water

Lot & Land

  • Frontage: 33 ft (10.1 m)
  • Features: Lane, Paved yard
  • Zoning: R4H480

Community & Neighbourhood

  • Community: School Bus, Community Centre
  • Building: Separate Heating Controls
  • Neighbourhood: 4004 - Sandy Hill

Room Details (20 rooms)

Lower level
Living room14'7" x 9'11" (144 ft²)
Kitchen17'0" x 11'8" (198 ft²)
Primary Bedroom13'1" x 9'5" (123 ft²)
Bedroom11'2" x 8'7" (96 ft²)
Laundry room6'1" x 6'8" (41 ft²)
Second level
Living room10'1" x 9'2" (93 ft²)
Dining room9'11" x 6'4" (62 ft²)
Kitchen9'11" x 9'1" (90 ft²)
Primary Bedroom11'8" x 10'8" (125 ft²)
Bedroom10'4" x 10'1" (104 ft²)
Third level
Living room12'7" x 11'1" (140 ft²)
Dining room11'1" x 9'2" (102 ft²)
Kitchen11'9" x 10'10" (127 ft²)
Primary Bedroom12'4" x 10'4" (128 ft²)
Bedroom11'9" x 10'4" (122 ft²)
Main level
Foyer7'10" x 3'6" (27 ft²)
Living room13'1" x 8'5" (110 ft²)
Dining room13'0" x 7'3" (95 ft²)
Kitchen14'1" x 10'1" (142 ft²)
Primary Bedroom16'4" x 12'1" (198 ft²)

Listing Information

MLS® NumberX12722776
BoardOttawa
Originating SystemOttawa Real Estate Board
BrokerageROYAL LEPAGE INTEGRITY REALTY
Date ListedJanuary 23, 2026
Last UpdatedJanuary 23, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 339 CHAPEL STREET, Ottawa, Ontario, K1N7Z5

DateDays on MarketPriceEventListing ID
●1/23/20260$1,399,880For SaleX12722776
●1/23/20260$1,399,880ListedX12722776
🔄1/23/20260Status ChangedX12722776

Location & Neighborhood

📍339 CHAPEL STREET, Ottawa, Ontario, K1N7Z5
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