
521 Chapel Street
Ottawa (Sandy Hill)
521 Chapel Street
Ottawa (Sandy Hill)


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About this home
Turn-Key Investment Opportunity in Sandy Hill! This fully leased, income-generating property offers an impressive $4,485 per month in rental income for the 2025/2026 school season, with a Net Operating Income (NOI) of approximately $47,391 annually and a solid 6.00% cap rate Currently a student rental, and has been for many years with zero vacancy. This 5-bedroom home is perfectly located just steps from the University of Ottawa, Strathcona Park, and the vibrant Downtown Ottawa. The spacious main floor features a bright front bedroom, a cozy living room, a functional kitchen, a 3-piece bathroom, and an additional bedroom at the rear. Upstairs, youll find three generously sized bedrooms and a full bathroom. Nestled in a sought-after neighbourhood with a high walkability score, this property offers convenient access to the Rideau Centre, the Canal, public transit, and a variety of amenities, making it highly attractive to students and young professionals. Whether youre expanding your investment portfolio or searching for a property with steady rental income, this home is a must-see. Redevelopment Potential.
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Rooms
7 rooms · 2 bathrooms
- Living room10′7″ × 10′8″113 sq.ft.
- Kitchen16′ × 12′9″203 sq.ft.
- Dining room11′6″ × 11′11″137 sq.ft.
- Den11′7″ × 10′11″126 sq.ft.
- Primary bedroom15′ × 11′2″167 sq.ft.
- Bedroom12′11″ × 8′6″110 sq.ft.
- Bedroom11′11″ × 12′5″148 sq.ft.
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