Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
Lower Town - Sandy Hill, ON K1N 8A1,521 CHAPEL ST
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$ 739,900
Est. payment | /mo

5 Beds

2 Baths


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$ 739,900
Est. payment | /mo
Save

5 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 4004 - Sandy Hill

MLS Listing ID X12472292

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,782

Tax Year 2025

Property Sub-Type Detached

Property 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.

Location

Province ON

County Ottawa

Community 4004 - Sandy Hill

Area Ottawa

Zoning R4UA [480] - N4B[480]

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 1

Interior

Interior Features Primary Bedroom - Main Floor

Cooling None

Inclusions Stove, Refrigerator, Dishwasher

Exterior

Parking Features Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 22.63

Lot Depth 100.0

Total Parking Spaces 1

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by ROYAL LEPAGE INTEGRITY REALTY
LiLiT Hakobyan

"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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521 CHAPEL ST