$1,399,880
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5
Lower Town - Sandy Hill
- Bedrooms
- 7
- Bathrooms
- 4
- Parking
- 4
- Type
- Fourplex
About this listing
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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Walkability, transit, and bike-friendliness for 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5
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MLS# X12722776
Listed by ROYAL LEPAGE INTEGRITY REALTY
On market since Jan 22, 2026
About 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5
How much is 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5?
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 is listed for $1,399,880 CAD.
How many bedrooms and bathrooms does 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 have?
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 has 7 bedrooms and 4 bathrooms.
What type of property is 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5?
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 is a Fourplex.
What neighbourhood is 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 in?
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 is in Lower Town - Sandy Hill, Ontario.
Is 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 for sale or for rent?
339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 is currently for sale.
How do I book a showing for 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5?
Contact Michael Mezheritsky to arrange a private showing of 339 Chapel Street, Lower Town - Sandy Hill, ON K1N 7Z5 (MLS# X12722776). You can also send a message through the contact form on this site.