339 Chapel Street
Ottawa (Sandy Hill), ON K1N 7Z5
- 7Bedrooms
- 4Bathrooms
- 4Parking
- 2500–3000Sq Ft
- $9,095Tax
- 33×100 ftLot Size
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About 339 Chapel Street, Ottawa, Sandy Hill
Summarized Description
- Turnkey fourplex with strong cash flow.
- Located in popular Sandy Hill neighborhood.
- Three 2-bedroom units and one spacious 1-bedroom.
- In-unit laundry and updated finishes in all units.
- Sauna and large rear deck enhance value.
- Four parking spaces with revenue potential.
- A+ location near University of Ottawa.
- Recent improvements ensure long-term durability.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,095
- Land Transfer Tax Fee
- $24,473
Rental Items
- Rental Equipment
- On Demand Hot Water Tank
- Basement Type
- Separate Entrance, Apartment, Full, Finished with Walk-Out
Interior Features
- Interior Extras
- On Demand Water Heater, Separate Heating Controls, Water Heater
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch, Paved Yard
- Pool
- None
- Property Features
- Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, School
- Accessibility Features
- Multiple Entrances
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick, Other
- Roof
- Metal
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 33.33 ft
- Lot Depth
- 100.00 ft
- Lot Size
- 3333
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 4 Refrigerators, 4 stoves, 3 hood fans, 4 washers and 4 dryers, 3 dishwashers, All light fixtures, All Furniture in all units except basement unit, floor plans, professional pictures
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Baseboard
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 7
- Washrooms
- 4
- Kitchens
- 4
- Family / bonus room
- Yes
Room sizes
- Living Room—Lower level
- Kitchen—Lower level
- Primary Bedroom—Lower level
- Bedroom—Lower level
- Laundry—Lower level
- Foyer—Main level
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Living Room—Second level
- Dining Room—Second level
- Kitchen—Second level
- Primary Bedroom—Second level
- Bedroom—Second level
- Living Room—Third level
- Dining Room—Third level
- Kitchen—Third level
- Primary Bedroom—Third level
- Bedroom—Third level
Washrooms
- 4-piece, Lower
- 4-piece, Main
- 4-piece, Second
- 4-piece, Third
- Municipality
- Ottawa
- Neighbourhood
- Sandy Hill
- Main cross streets
- Corner of Osgoode Street and Chapel Street
- Zoning
- R4H480
- Directions
- Corner of Osgoode Street and Chapel Street
- MLS® number
- X12722776
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-31
- Listed on
- 2026-01-21
- Days on market
- 191 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- ROYAL LEPAGE INTEGRITY REALTY
Home Market Value
Current home valuation for 339 Chapel Street, Ottawa, Sandy Hill, Ottawa, ON. Listed for $1,399,880
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 339 Chapel Street, Ottawa, Sandy Hill
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $899,880 over $500K
$114,988
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $51,348 | $39,057 | $33,317 | $0 |
=Total mortgage | $1,335,038 | $1,298,949 | $1,223,215 | $1,119,904 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,518monthly | $6,342monthly | $5,972monthly | $5,468monthly |
Land Transfer Tax
$24,473
$24,473
Around this home
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