Listed by Royal Lepage Integrity Realty.

521 CHAPEL Street is a Detached, 2-Storey and is currently for Sale @ $659,900. Taxes in 2025 were $6,782.00.

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Property will be Vacant May 1 2026. The 2-Storey on 521 CHAPEL Street has 5 bedrooms, 2 bathrooms, and is located on a 100 x 22.63 ft lot in the community of Sandy Hill . 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.

Stove, Refrigerator, Dishwasher

The address 521 CHAPEL Street was listed for sale (MLS# X12472292) on Monday, October 20, 2025.