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388 CHAPEL STREET, Ottawa, Ontario, K1N 7Z6

MLS® # 1400154
new listing
Investment For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario
$4,295,000
388 Chapel Street, Ottawa, ON - Outdoor With Facade
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Living Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Laundry Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Outdoor With Exterior
388 Chapel Street, Ottawa, ON - Outdoor With Exterior
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Laundry Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Outdoor
388 Chapel Street, Ottawa, ON - Outdoor
388 Chapel Street, Ottawa, ON - Outdoor With Facade
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Living Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Laundry Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Kitchen
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Outdoor With Exterior
388 Chapel Street, Ottawa, ON - Outdoor With Exterior
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Laundry Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Indoor
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bathroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Bedroom
388 Chapel Street, Ottawa, ON - Indoor Photo Showing Other Room
388 Chapel Street, Ottawa, ON - Outdoor
388 Chapel Street, Ottawa, ON - Outdoor
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Home Insurance - TD Insurance
Get a home insurance quote online for this $4,295,000 property in Ottawa
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $4,295,000 property in Ottawa

Provided by TD Insurance
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ACTIVE
388 CHAPEL STREET, Ottawa, Ontario, K1N 7Z6
$4,295,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick, Siding
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 73.3 Feet
  • Lot Frontage: 52.4 Feet
  • Lot Size: 52.44 ft X 73.32 ft
  • Zoning: R4UB
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 1

Courtesy of: ENGEL & VOLKERS OTTAWA

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 388 CHAPEL STREET, Ottawa, Ontario, K1N 7Z6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 388 CHAPEL STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 388 CHAPEL STREET , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 388 CHAPEL STREET, Ottawa, Ontario, K1N 7Z6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$127,157.76

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.0 %

High school certificate or equivalent

35.51 %

Apprenticeship trade certificate/diploma

0.72 %

College/non-university certificate

9.8 %

University certificate (below bachelor)

2.99 %

University Degree

46.99 %

Commuter

Travel To Work

By Car

30.58 %

By Public Transit

27.44 %

By Walking

31.79 %

By Bicycle

5.91 %

By Other Methods

4.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.04 %

Houses

14.96 %

Own Vs. Rent

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