339 CHAPEL STREET, Ottawa, ON K1N7Z5
339 CHAPEL STREET, Ottawa, ON K1N7Z5
339 CHAPEL STREET, Ottawa, ON K1N7Z5
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ahmad Moharam

Ahmad Moharam

+1(613) 883-7060
$1,399,880
Est. payment /mo
7 Beds
4 Baths
2,500 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500 - 3000

Square Footage 2,500 sqft

Price per Sqft $559

Subdivision 4004 - Sandy Hill

MLS® Listing ID X12722776

Bedrooms 7

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: $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:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 3.08 m X 2.8 m Living room

Extra Room 2 Second level 3.01 m X 1.92 m Dining room

Extra Room 3 Second level 3.01 m X 2.77 m Kitchen

Extra Room 4 Second level 3.56 m X 3.26 m Primary Bedroom

Extra Room 5 Second level 3.16 m X 3.07 m Bedroom

Extra Room 6 Third level 3.84 m X 3.38 m Living room

Interior

Heating Baseboard heaters

Cooling Window air conditioner

Exterior

Parking Features No

Fence Fenced yard

Community Features Community Centre, School Bus

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Virtual Tour https://www.youtube.com/watch?v=3jLbbMPMbxY

Read Less Info
Powered by: REALTOR.ca
Listed by ROYAL LEPAGE INTEGRITY REALTY

NEARBY SCHOOL & BUSINESS

Ahmad Moharam

+1(613) 883-7060

ahmad.moharam@exprealty.com

343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Ahmad Moharam, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

339 CHAPEL STREET