521 CHAPEL Street

521 CHAPEL Street
521 CHAPEL Street
521 CHAPEL Street
+9
5
 bed
2
 bath
2
 parking
1100 - 1500
 sqft
Detached
$789,900
For Sale
4 hours
 on site
$789,900
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Size
-
Lot size
874 sqft
Street frontage
-
Possession
Other
Price per sqft
$527 - $718
Taxes
$6,782 (2025)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: KELLER WILLIAMS INTEGRITY REALTY
MLS®#: X12223730
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
8 Ft
Lot depth:
100 Ft
Listed on:
Jun 16, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Living Room
10.6 x 10.7 ft
Second
Primary Bedroom
15.0 x 11.2 ft
Second
Bedroom
11.9 x 12.4 ft
Show all
Instant estimate:
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$11,301
lower than listed price
i
High
$817,529
Mid
$778,599
Low
$739,669
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About 521 CHAPEL Street

Located at 521 Chapel Street, this Ottawa detached house is available for sale. It has been listed at $789900 since June 2025. This 1100-1500 sqft detached house has 5 beds and 2 bathrooms. 521 Chapel Street, Ottawa is situated in Sandy Hill, with nearby neighbourhoods in Old Ottawa East, ByWard Market, Lower Town and Centre Town.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

If you are reliant on transit, don't fear, there is a Train Stop (KING EDWARD / TEMPLETON) only a 4 minute walk.