REDUCED
  • MLS® #: 1033103
  • 572 Chapel Street
  • Ottawa, Ontario K1N7Z8
  • $2,250,000
  • Single Family
  • Listing Office: Keller Williams Solid Rock Realty

Excellent investment opportunity within walking distance to University of Ottawa campus! 572 Chapel Street was renovated in 2011 - New roof, furnaces, insulation, wiring, plumbing, windows, sewer connections, basement lowered and finished, Each side has been converted from a 3 bedroom 1 bath to a 5 bedroom 2 bath unit. New addition adding two 5 bedroom 2 bath units was built in 2012 (Approx 3100 S.F. High quality finishes) No vacancies. Each apartment is individually leased to parents (Tenants responsible one to the other) of five students who are the Occupants, which means as per the Lease full rent for each unit must be paid. The tenants pay their own heat and hydro. Other Income is generated by way of a solar panel installed on the roof. Many years of guaranteed income left. Fully transferable.

Essential Information

  • Listing #1033103
  • Price$2,250,000
  • Bathrooms0.00
  • Year Built1912
  • TypeSingle Family

Community Information

  • Address572 Chapel Street
  • SubdivisionSandy Hill
  • CityOttawa
  • StateOntario
  • Zip CodeK1N7Z8

Amenities

  • FeaturesBalcony
  • Parking Spaces4
  • ParkingOpen

Amenities

Public Transit, Recreation Nearby, Shopping

Interior

  • HeatingNatural gas Forced air
  • CoolingNone
  • Has BasementYes
  • # of Stories2

Exterior

  • ExteriorBrick, Siding
  • FoundationPoured Concrete, Stone
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