$1,399,880
15.03 BTC
Photos
Map
339 Chapel Street, Lower Town - Sandy Hill
$1,399,880
PRICE
7
BEDROOMS
4
BATHROOMS
X12722776
MLSID

339 Chapel Street, Lower Town - Sandy Hill

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.
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Summary

Address
339 Chapel Street
MLSID
X12722776
Property Type
Fourplex
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
4
Zoning
R4H480
Taxes (Annual)
$9,095.00
Tax Year
2025
Published
January 22, 2026
Days on Market
133 Days
Possession Type
Flexible
Possession Details
To Be Arranged
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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

Details

Property Features
Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, School
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
4-Piece Lower Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Third Level
Basement
Separate Entrance, Apartment, Full, Finished with Walk-Out
Exterior Features
Deck, Porch, Paved Yard
Interior Features
On Demand Water Heater, Separate Heating Controls, Water Heater
Parking Spaces
4
Parking Total
4
Parking Features
Lane
Architectural Style
2 1/2 Storey
Roof
Metal
Construction Materials
Brick, Other
Lot Size
3,333
Lot Width
33 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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BEDS
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Listing Contracted with ROYAL LEPAGE INTEGRITY REALTY
© 2011-2026 RE/MAX MIllenium Real Estate, Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or any other purpose. Information is deemed reliable but is not guaranteed accurate by TRREB or Listing.ca.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Sam Kamra Team
RE/MAX MIllenium Real Estate
81 Zenway Blvd #25
Vaughan, ON L4H 0S2
Phone: (416) 800-1055
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