$659,900
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521 Chapel Street, Ottawa, ON K1N8A1

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5 Beds
2 Baths
- Sq Ft

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. (id:58753)

Listing By: Josh West - ROYAL LEPAGE INTEGRITY REALTY cncrea2 Realty.com
  • MLS® X12472292
  • Date Listed02/23/2026
  • Days on Realty 102 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove
  • Cooling None
  • Heating Baseboard heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Take Mann to Chapel Street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1N8A1

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1N8A1

Source: Walk Score

79/100

Very Walkable

Walk Score ®

80/100

Excellent Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

60 nearby routes: 59 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 65/100, Transit Score: 59/100, Bike Score: 81/100.

Points of Interest near 521 CHAPEL STREET, Ottawa, ON K1N8A1

Frequently Asked Questions for 521 CHAPEL STREET

Source: Realty.com

521 CHAPEL STREET, Ottawa, ON K1N8A1 in Ottawa, ON K1N8A1 is a single family residence listed at $659,900. Highlights include 5 bedrooms, 2 bathrooms. Realty.ca has 12 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 12 photos of 521 CHAPEL STREET.

The full address for this home is 521 CHAPEL STREET, Ottawa, ON K1N8A1.

521 CHAPEL STREET has been listed on Realty.com since Mon February 23, 2026

Most errands can be accomplished on foot. 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: 65/100, Transit Score: 59/100, Bike Score: 81/100.

Listing provided courtesy of: ROYAL LEPAGE INTEGRITY REALTY
Listing agent: Josh West

This content last refreshed on 2026-06-05 19:57:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.