388 CHAPEL STREET
Sandy Hill Ottawa K1N 7Z6

$4,295,000
Multi-family

Main Photo: 388 CHAPEL STREET in Ottawa: Multi-family for sale : MLS®# 1400154
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1400154
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:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Zoning:
R4UB
Ownership Type:
Freehold
Property Management Company:
Fahel & Co. -
Community:
Sandy Hill
Cooling:
Central air conditioning
Exterior Finish:
Brick, Siding
Fireplace:
No
Heating:
Forced air
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
52'
Lot Depth:
73'
Acreage:
No
Lot Size:
52.44 ft X 73.32 ft
Lot Details:
52.44 ft X 73.32 ft
Total Parking Spaces:
1
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Listed by ENGEL & VOLKERS OTTAWA
Data was last updated July 24, 2024 at 12:45 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,449,900
Min list price:
$899,900
Max list price:
$5,750,000
Avg days on market:
59
Min days on market:
11
Max days on market:
319
These statistics are generated based on the current listing's property type and located in Sandy Hill. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.