368 Chapel St - Apartments FOR SALE


Ottawa, ON K1N 7Z6- Downtown
$4,250,000 CAD
613-236-5959
368 Chapel St, Ottawa, ON for Sale
$4,250,000 CAD
Apartments - FOR SALE
1/2
null | 4.77% Cap Rate

368 Chapel St
Ottawa, ON K1N 7Z6
Downtown


HIGHLIGHTS

  • Newly Constructed
  • Excellent finishes on all units, with self-contained unit Hydro/Heating
  • All units have central air except unit 7 in the lower level
  • Door entry system to all apartments
  • Located in Sandy Hill near the University of Ottawa
  • Walking distance to Rideau Street, the Rideau Center, Byward Market, O Train Station, and frequent bus lines

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,250,000 CAD

PRICE/SF

$690 CAD /SF

# OF UNITS

7

PRICE/UNIT

$607,143

CAP RATE

4.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,674 SF

ZONING

R4UB

APN/PARCEL ID

042080230

ASK ABOUT THIS PROPERTY

Thom FountainRe/Max Hallmark Realty GroupMore Info
613-236-5959

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Thom FountainRe/Max Hallmark Realty GroupMore Info
613-236-5959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.