For Sale

388 CHAPEL Street, Ottawa, Ontario K1N7Z6

$4,295,000

388 CHAPEL Street, Ottawa, Ontario K1N7Z6 is For Sale and has a listing price of 4,295,000. The property is located in the Sandy Hill - Ottawa East neighbourhood. It's been on the website for 141 Days.

  • Multi-family
    Property Type
  • 1
    Parking Spaces
  • MLS ID: 1400154
  • Office Name ENGEL & VOLKERS OTTAWA,ENGEL & VOLKERS OTT
Property 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. (id:43137)

Property Details
  • MLS ID: 1400154
  • Price: $4,295,000
  • Transaction Types: For Sale
  • Ref ID: 27107824
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
06/28/2024 1400154 $4,295,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Sandy Hill - Ottawa East
  • $1,197,948 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.5 % Up
  • Sold (12mo) 7
  • Rented (12mo) 5

  • 1 Month Change +52.3%
  • 3 Month Change +5.2%
  • 6 Month Change +100.8%
Walkscore
  • 90 Walk Score
    Very Walkable
  • 80 Transit Score
    Excellent Transit
  • 94 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    52.53%
  • Commercial
    3.79%
  • Condo
    42.93%
  • Land for Sale
    0.76%
Additional Details
  • Sewers Municipal Sewage System
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick, Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 1
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/06/2024 00:00:00
  • Zoning R1f
  • Agent Name: Matt Assaf,Hussein Zeineddine
  • Last Updated: 29/06/2024 18:11:46
Open House Dates
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