521 CHAPEL Street

521 CHAPEL Street
521 CHAPEL Street
521 CHAPEL Street
+9
5
 bed
2
 bath
1
 parking
1100 - 1500
 sqft
Detached
$699,900
For Sale
112 days
 on site
$699,900
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Size
-
Lot size
874 sqft
Street frontage
-
Possession
Other
Price per sqft
$467 - $636
Taxes
$6,782 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: ROYAL LEPAGE INTEGRITY REALTY
MLS®#: X12472292
Property details
Parking:
Yes
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:
Oct 20, 2025
Show all details
Rooms
LevelNameSizeFeatures
Second
Primary Bedroom
15.0 x 11.2 ft
Main
Dining Room
11.5 x 11.9 ft
Main
Kitchen
16.0 x 12.7 ft
Show all
Instant estimate:
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$15,078
lower than listed price
i
High
$719,064
Mid
$684,822
Low
$650,581
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About 521 CHAPEL Street

Located at 521 Chapel Street, this Ottawa detached house is available for sale. It was listed at $699900 in October 2025 and has 5 beds and 2 bathrooms. Situated in Ottawa's Sandy Hill neighbourhood, Old Ottawa East, ByWard Market, Lower Town and Centre Town are nearby neighbourhoods.

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 looking for transit, don't fear, there is a Train Stop (KING EDWARD / TEMPLETON) a 4-minute walk.