521 Chapel St, Ottawa, Ontario

House for Sale in Ottawa

521 Chapel St, Ottawa, ON

  • CA$659,900
  • 5 BEDS
  • 2 BATHS
  • 2,263 sq.ft. Land

House for Sale in Ottawa

521 Chapel St, Ottawa, ON

  • CA$659,900
  • 5 BEDS
  • 2 BATHS
  • 2,263 sq.ft. Land

Key Facts

  • MLS® #: X12472292
  • Property ID: SIRC3127060
  • Property Type: Residential, Single Family Detached
  • Lot Size: 2,263 sq.ft.
  • Bedrooms: 5
  • Bathrooms: 2
  • Parking Spaces: 1
  • Listed By:
  • ROYAL LEPAGE INTEGRITY REALTY

Property Description

Property will be Vacant May 1 2026. An exceptional opportunity for investors, This has been a student long term rental for many years. $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.

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomMain10' 7.9" x 10' 6.7"Other
  • KitchenMain12' 8.7" x 15' 11.7"Other
  • Dining roomMain11' 10.9" x 11' 5.7"Other
  • DenMain10' 10.7" x 11' 6.9"Other
  • Other2nd floor11' 1.8" x 14' 11.9"Other
  • Bedroom2nd floor8' 5.9" x 12' 10.7"Other
  • Bedroom2nd floor12' 4.8" x 11' 10.9"Other
  • Laundry roomMain9' 10.1" x 9' 10.1"Other

Listing Agents

ROYAL LEPAGE INTEGRITY REALTY

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Location

521 Chapel St, Ottawa, Ontario, K1N 8A1 Canada

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