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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. (id:58753)
Corner of Osgoode Street and Chapel Street
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 30 TELMON STREET | 3 | 4 | May 10, 2026 | $2,149,000 |
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
99/100
Walker's Paradise
Walk Score ®
82/100
Excellent Transit
Transit Score ®
99/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
45 nearby routes: 44 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
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Source: Realty.com
339 CHAPEL STREET, Ottawa, ON K1N7Z5 in Ottawa, ON K1N7Z5 is a quadruplex listed at $1,399,880. Highlights include 7 bedrooms, 4 bathrooms. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 50 photos of 339 CHAPEL STREET.
The full address for this home is 339 CHAPEL STREET, Ottawa, ON K1N7Z5.
339 CHAPEL STREET has been listed on Realty.com since Fri January 23, 2026
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Listing provided courtesy of:
ROYAL LEPAGE INTEGRITY REALTY
Listing agent:
Sorin Vaduva
This content last refreshed on 2026-06-06 18:31:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.