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
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Location
521 Chapel St, Ottawa, Ontario, K1N 8A1 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0

