<-- style PDP --> 521 CHAPEL Street, Ottawa - Detached for sale for $659,900
  • sold

521 CHAPEL Street

Ottawa, Ontario, K1N 8A1 - Sandy Hill

$659,900$000000

  • Neighbourhood

    Sandy Hill

  • Major Intersection

    Take Mann to Chapel Street.

  • Listed Since: 193 day(s)

  • Last update: 37 day(s) ago

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    5

  • Bathrooms

    2

  • Basement

    Unfinished

  • Kitchen

    1

  • Total Parking

    1

  • Lot Size

    22.63x100 (Feet)

  • Taxes

    $6,782.00 (2025)

  • Type

    Freehold

Property Description

Property description for 521 CHAPEL Street, Ottawa

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.

Listed by ROYAL LEPAGE INTEGRITY REALTY

  • MLS #

    X12472292

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Other

  • Garage

    None

  • Total Parking

    1

  • Family Room

    N

  • Den

    N

  • Exterior

    Other

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.22 x 3.25 ft Main level

  • Kitchen

    4.87 x 3.88 ft Main level

  • Dining

    3.5 x 3.63 ft Main level

  • Den

    3.53 x 3.32 ft Main level

  • Primary

    4.57 x 3.4 ft 2nd level

  • Br

    3.93 x 2.59 ft 2nd level

  • Br

    3.63 x 3.78 ft 2nd level

  • Laundry

    3.0 x 3.0 ft Main level

  • MLS #

    X12472292

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Other

  • Garage

    None

  • Total Parking

    1

  • Family Room

    N

  • Den

    N

  • Exterior

    Other

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.22 x 3.25 ft Main level

  • Kitchen

    4.87 x 3.88 ft Main level

  • Dining

    3.5 x 3.63 ft Main level

  • Den

    3.53 x 3.32 ft Main level

  • Primary

    4.57 x 3.4 ft 2nd level

  • Br

    3.93 x 2.59 ft 2nd level

  • Br

    3.63 x 3.78 ft 2nd level

  • Laundry

    3.0 x 3.0 ft Main level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 521 CHAPEL Street, Ottawa

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2025-10-20
$756,497
0.00%

Mortgage Calculator

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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