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.
For sale
C$1,399,880
339 Chapel St, Ottawa, ON K1N 7Z5
7beds
4baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Separate hydro metersIn-unit laundryUpdated finishesFunctional layoutsModernized kitchensUpdated flooringRefreshed decks
- 182 days |
- 29 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
ROYAL LEPAGE INTEGRITY REALTY
Source: TRREB,MLS®#: X12722776
Originating MLS®#: Ottawa Real Estate Board
Originating MLS®#: Ottawa Real Estate BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Primary bedroom
- Level: Lower
- Dimensions: 3.99 x 2.86
Primary bedroom
- Level: Main
- Dimensions: 4.99 x 3.69
Primary bedroom
- Level: Third
- Dimensions: 3.77 x 3.16
Primary bedroom
- Level: Second
- Dimensions: 3.56 x 3.26
Bedroom
- Level: Second
- Dimensions: 3.16 x 3.07
Bedroom
- Level: Third
- Dimensions: 3.59 x 3.16
Bedroom
- Level: Lower
- Dimensions: 3.41 x 2.62
Dining room
- Level: Third
- Dimensions: 3.38 x 2.8
Dining room
- Level: Main
- Dimensions: 3.96 x 2.22
Dining room
- Level: Second
- Dimensions: 3.01 x 1.92
Foyer
- Level: Main
- Dimensions: 2.4 x 1.06
Kitchen
- Level: Lower
- Dimensions: 5.18 x 3.56
Kitchen
- Level: Second
- Dimensions: 3.01 x 2.77
Kitchen
- Level: Main
- Dimensions: 4.29 x 3.07
Kitchen
- Level: Third
- Dimensions: 3.59 x 3.29
Laundry
- Level: Lower
- Dimensions: 1.86 x 2.04
Living room
- Level: Lower
- Dimensions: 4.45 x 3.01
Living room
- Level: Third
- Dimensions: 3.84 x 3.38
Living room
- Level: Second
- Dimensions: 3.08 x 2.8
Living room
- Level: Main
- Dimensions: 3.99 x 2.56
Heating
- Baseboard, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Instant Hot Water, Water Heater
Features
- Separate Heating Controls
- Basement: Separate Entrance,Apartment,Full,Finished with Walk-Out
- Has fireplace: Yes
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Lane
Accessibility
- Accessibility features: Multiple Entrances
Features
- Stories: 2.5
- Patio & porch: Deck, Porch
- Exterior features: Paved Yard
- Pool features: None
Lot
- Size: 3,333 Square Feet
- Features: Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, School, Rectangular Lot
Details
- Parcel number: 042080207
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Other
- Foundation: Stone
- Roof: Metal
Utilities & green energy
- Sewer: Sewer
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$9,095
- Date on market: 1/22/2026
ROYAL LEPAGE INTEGRITY REALTY
ROYAL LEPAGE INTEGRITY REALTY
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Sandy Hill
Nearby schools
GreatSchools rating
No schools nearby
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