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Investment signal

$4,250,000

368 CHAPEL STREET

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Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Fantastic investment property in the heart of Sandy Hill. This purpose-built 7-unit has higher end finishes with all of the modern touches. Open-concept kitchen, living and dining rooms. LED pot lights and exposed ductwork. Quartz counters, modern tile and SS appliances in the kitchen. Each unit is self-contained with its own furnace, hydro meter, on-demand hot water tank, and 1-piece stacked washer/dryer. All units have central air, except Unit 7 on the lower level. Pictures of units were staged and prior to current tenants moving in. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
4004 - Sandy Hill
Living area
4,068 square feet
Lot dimensions
33 x 123.27 FT
On market
Mar 12, 2026
Status changed
Apr 24, 2026
Annual tax
$26,014 (2025)
Zoning
R4S[480]
Photos
29
MLS#
X12876400
Area
OTTAWA

Features and systems

Appliances

WasherDishwasherDryerMicrowaveAlarm SystemHood FanWater Heater

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$4,380/mo at these assumptions

Cash on cash

-6.18%

Cap rate

3.63%

GRM

16.7

Break-even rent

$25,861

Financing

Down payment$850,000
Loan amount$3,400,000
Mortgage$17,227/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,948
Insurance$80
Maintenance$3,542
CapEx reserve$1,771
Vacancy loss$1,063

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $17,227/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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