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Home ON Ottawa - Gatineau Ottawa Sandy Hill - Ottawa East
388 CHAPEL STREET
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388 CHAPEL STREET $4,295,000
$4,295,000
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388 CHAPEL STREET
Ottawa, Ontario K1N7Z6

MLS® Number: 1400154

Listing Description

Welcome to 388-390 Chapel, a rare & unique opportunity to add one of Ottawa’s most lucrative & turn key investments located in Popular Sandy Hill to your portfolio. This 6 unit building has been completely transformed in 2021 and offers 2x 5bed, 2x 4bed & 2x 3 bed units for a total of 24 beds. All units are equipped with in unit laundry, are fully furnished & are inclusive of utilities. All units have separate hydro metres which can reduce expenses on new leases. Combination of high quality finishes & appliances, premium furniture and an ideal location just steps to Ottawa University, Srathcona Park, Ottawa River, Rideau Centre, transit & easy access to the Byward Market makes this an ideal fit for all tenants. Rarely any vacancies & always in high demand, don’t miss your chance at this wonderful investment opportunity. Smart locks to all units & Security cameras included. Matterport 3D tours of all units, floorpans & more available upon request. (28507978)

Property Summary

Property Type
Multi-family
Storeys
3
Neighbourhood Name
Sandy Hill
Title
Freehold
Land Size
52.44 ft X 73.32 ft
Annual Property Taxes
$11,522
Total Parking Spaces
1
Time on REALTOR.ca
144 days

Building

Building Features
Total Units
6
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Siding
Maintenance or Condo Information
Maintenance Management Company
Fahel & Co. -
Parking
Total Parking Spaces
1

Land

Lot Features
Frontage
52 ft ,5 in
Land Depth
73 ft ,4 in
Other Property Information
Zoning Description
R4UB
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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