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388-390 Chapel Street in Ottawa: 4004 - Sandy Hill Commercial for sale (Lower Town - Sandy Hill) : MLS®# X12401623
388-390 Chapel Street 4004 - Sandy HillOttawaK1N 7Z6
Outstanding investment opportunity in the heart of Sandy Hill, just steps from the University of Ottawa. 388-390 Chapel consists of two fully renovated triplexes built in identical style from the ground up. Each building offers a 5-bedroom, 2-bathroom unit on the main level, a 3-bedroom, 1-bathroom unit on the second floor, and a 4-bedroom, 1-bathroom unit on the third floor. All units are furnished and operated on an all-inclusive rental model, making them highly attractive to students and young professionals while minimizing vacancy risk. The property produces a gross annual income of $266,952 and a Net Operating Income of $192,956, translating into a solid 5.5% cap rate. With upgraded infrastructure, modern finishes, and efficient building systems, the asset is positioned for long-term stability with reduced operating costs. The location further strengthens the investment case, boasting a 90 Walk Score, 80 Transit Score, and 94 Bike Score, ensuring tenants have immediate access to campus, the ByWard Market, cafés, restaurants, shopping, and everyday amenities. For investors seeking a turnkey, high-performing property in one of Ottawas most established rental markets, 388-390 Chapel delivers strong current income, desirable location, and long-term appreciation potential.More details
Excellent opportunity to acquire a purpose-built multi-residential property in one of Ottawas most desirable urban neighbourhoods. 238 Carruthers Avenue features 10 fully furnished, all-inclusive units with 21 total bedrooms, supported by modern security systems including cameras, intercom, and digital locks. Each unit is separately metered for hydro, providing efficiency and reduced operating costs. The property generates annual revenue of $313,786 and a Net Operating Income of $220,557, giving a strong 5.0% cap rate. The location offers an unbeatable lifestyle for tenants, with a 98 Walk Score, 83 Transit Score, and 99 Bike Score. Residents are just steps from Wellington Street West with its wide array of shops, restaurants, cafés, and everyday conveniences, while also being minutes from downtown, the Ottawa River pathways, and LeBreton Flats. Additional income is provided through on-site parking and laundry, further strengthening the properties return profile. With stable cash flow, modern upgrades, and a proven rental model, 238 Carruthers presents a rare opportunity to secure a turnkey, purpose-built investment property in a high-demand location with long-term appreciation potentialMore details
Outstanding investment opportunity in the heart of downtown Ottawa. 46 Nelson is a fully renovated multi-residential property featuring 18 furnished suites with 20 bedrooms, all operated on an all-inclusive rental model that continues to attract strong demand from both students and young professionals. The building produces a gross annual income of $404,000, supplemented by additional parking and laundry revenue, resulting in a Net Operating Income of $288,673 and a very attractive cap rate of 5.75%. These metrics highlight the properties strength as a stable, cash-flowing asset in todays market. The location is boasting a 99 Walk Score, 86 Transit Score, and 97 Bike Score, with residents enjoying immediate access to the University of Ottawa, the ByWard Market, shopping, dining, and essential amenities. Extensive renovations and infrastructure upgrades ensure reliability, efficiency, and lower operating costs for years to come. The fully furnished and all-inclusive rental approach not only maximizes income but also broadens tenant appeal, reducing vacancy risk and keeping turnover manageable in a highly competitive rental market. For investors seeking a turnkey property with strong cash flow, proven stability, and long-term appreciation potential, 46 Nelson stands out as a rare opportunity to acquire a high-performing building in one of Ottawas most vibrant and desirable downtown neighbourhoods.More details
Outstanding investment opportunity in Sandy Hill, just steps from the University of Ottawa. 255 Somerset Street East is a fully renovated multi-residential property featuring 23 furnished rental units, each with a private bathroom, fridge, and full set of furnishings. The all-inclusive rental model continues to attract strong demand from students and young professionals seeking reliable, convenient living. The building was completely retrofitted in 2025 with upgraded infrastructure, modern finishes, and added tenant-focused amenities, making it a standout choice for off-campus housing. The property generates a gross annual revenue of $404,368 with a Net Operating Income of $294,256, translating to a solid 5.5% cap rate at current performance. Tenants enjoy exceptional convenience with a 93 Walk Score, 84 Transit Score, and 94 Bike Score, placing them within easy reach of campus, grocery stores, cafés, restaurants, pubs, and fitness amenities. The thoughtful retrofit and all-inclusive rental model not only maximize income but also create an appealing, worry-free housing solution for tenants, reducing vacancy risk and ensuring consistent occupancy. With strong cash flow, brand-new systems and finishes, and an unbeatable location in the heart of Sandy Hill, 255 Somerset Street East offers investors a turnkey, high-performing property that combines modern living standards with long-term appreciation potential.More details
Rare opportunity to acquire a large-scale multi-residential portfolio in Sandy Hill, just steps from the University of Ottawa. 146-160 Osgoode Street encompasses 8 addresses with a total of 68 fully renovated units, each designed to maximize income with shared kitchens, living areas, and balconies. This high-demand location consistently appeals to students and young professionals, supported by a 96 Walk Score and 97 Bike Score, with immediate access to campus, shops, restaurants, pubs, and everyday conveniences. The property produces a gross annual revenue of $1,125,247 and a Net Operating Income of $839,120, representing a strong 5.5% cap rate at current performance. Tenants benefit from modern amenities, upgraded systems, and efficient layouts that keep occupancy high while maintaining operational stability. Additional income streams are generated through shared facilities, enhancing the properties return profile. With its size, cash flow, and prime location, this portfolio represents a turnkey opportunity to secure one of Ottawas largest and most reliable student-focused multi-residential assets. Long-term appreciation potential, combined with strong current income, makes this a rare and highly attractive offering.More details
Your Perfect Family Retreat In Coldwater Is Awaiting For You! This Fully Renovated And Uniquely Designed Home Sits On A Sprawling 0.51 Acre Lot With Majestic Mature Trees And Untouched Nature. Bright, Airy, 4 Bedr. 4 Bath. Designed For Family Living Offering Comfort, Style And Serenity. Upgraded Kitchen Quartz Counter Tops, Island, Backsplash. New Flooring, Pot Lights, Fully Renovated Bathrooms With Custom Made Shower Glass, New Extended Deck With Retractable Roof. New Custom Stairs, Railings, Doors And Many Others. Ideal For Big Families Offering In Law Potential With Separate Entrance And Upgraded Kitchen. Abundance of Space, Light And A Cozy Family Room With Fireplace To Enjoy Family Gatherings. Enjoy Peaceful Mornings On Your Private Patio, Surrounded By Nature, Yet Just Minutes From Schools, Lakes, More Than 20 Trails, 9 Parks And Top Local Attractions. 5 Mins. Drive To Horseshoe Valley, Mount St. Louis. You Get To Enjoy Sauble Beach, Bayview Memorial Park, Vetta Nordic Spa. Bus To Horseshoe Heights Public School. High Quality Materials Used For Renovation, Made To Last For Many Years. Move In And Enjoy!More details
Beautiful 3 bed + den townhouse, ideally located across from the park in Islington Village and a short walk to Bloor subway. Enjoy an open-concept living/dining area with 9 ft ceilings, wide plank flooring throughout, and contemporary staircase with glass railing. Showpiece kitchen with top quality cabinetry, premium Hafele hardware, quartz countertops, pantry, and high-end appliances perfect for entertaining inside or out on the patio. The 2nd floor offers two spacious bedrooms, and an updated 4 pc bath. The 3rd floor is reserved for primary retreat and features bedroom with 9 ft high ceiling, 5pc ensuite with soaker tub & glass shower, 2 closets with closet organizers and a private terrace with composite deck tiles. The finished basement is perfect for a home office or family room. Direct access to the garage. Short walk to Bloor Subway line - Islington & Kipling TTC & GO Transit. Enjoy convenient access to groceries, Farm Boy, Sobeys, Rabba, Shoppers Drug Mart. 10 min. drive to the Pearson Airport & Sherway Gardens Shopping mall.Extras:More details
Rarely Offered Freehold Two-Floor Semi-Detached Home With Double Car Garage In Markham Upper Cornell! This bright and spacious traditional two-floor house offers a functional layout with 9-ft ceilings on the main floor and a beautiful big backyard, gleaming laminate floors, upgraded flooring upstairs, upgraded quartz countertops in the kitchen and bathrooms, stainless steel appliances, a convenient kitchen pantry with extra storage, and a freshly painted interior with no carpet throughout. The home also features a newly replaced roof (2025). Enjoy your private backyard with professional interlocking, a fenced deck, and a home gardenperfect for outdoor living and entertaining. The double-door garage fits two cars, plus an extra visitor parking spot, giving a total of three private parking spaces. Upstairs offers 3 generous bedrooms and 2 upgraded bathrooms, ideal for families with children. The unfinished basement with higher ceilings provides excellent storage and great potential for a future recreation room or office. Ideally located within walking distance to top-ranking schools and just minutes to Mount Joy GO Station, Markham Stouffville Hospital, Hwy 407, Cornell Community Centre, shops, restaurants, and parks. Mechanical updates include: Fridge(2025),Furnace (2004, in excellent condition), A/C (2025), and HWT (2024)More details
Stunning Fully Renovated Detached Home Just Steps To Professors Lake! 3+1 Bedrooms Plus Den With A Legal Basement Apartment Offering Rental Potential. Bright Open-Concept Layout Featuring A Modern Kitchen & Brand New Appliances. Separate Laundry On Both Levels. Brand New Furnace, AC & Water Heater All Owned. Prime Location Near Brampton Civic Hospital, Schools, Bramalea City Centre, Trinity Common & Transit. Easy Access To Hwy 410. Recent Upgrades Include New Roof & Driveway A Turn-Key Gem For First-Time Buyers Or Investors!More details
Stunning fully renovated home with 3 self-contained legal units, each with it's own kitchen, laundry, entrance, and hydro meter. Ideal for multi-generational living or live-in owners looking to offset costs with legal rental income. Over $400K+ in professional renovations completed with permits including new kitchens, bathrooms, plumbing, electrical, HVAC, waterproofing, soundproofing and more. Bright, modern interiors with quartz countertops, pot lights, vinyl plank flooring, and open-concept layouts. Located on a rare 45x190 ft ravine lot with no rear neighbours, detached garage, and parking for 6+ vehicles. Peaceful street, minutes to Hwy 401, Etobicoke GO, Pearson Airport, Costco, schools & parks.Truly a must-see to appreciate the layout, quality and potential.More details
On the edge of Guelph near Rockwood, this 1,924 sq. ft. brick bungalow offers the perfect mix of country space, city convenience, and practical versatility. Built in the 1950s on a 1.2-acre lot, the home features a bright eat-in kitchen with adjoining dining area, gleaming hardwood floors, a spacious living room, and a family room with gas fireplace and sliders to an enclosed greenhouse. Three bedrooms and two baths, including a 4-pc with jacuzzi tub and stand-up shower, provide comfortable living for families or retirees. The full, unfinished basement offers two walk-ups one stairs, one ramp and is powered by a 200-amp service with dual breaker panels, ideal for woodworking, mechanics, or future finishing. Outside, a 40x20 inground pool with 8-ft deep end, slide, and diving board creates a private summer retreat, secured by a safety fence. Outbuildings extend the property's value: a detached double garage with drive-through doors, a 40x20 storage building with sliding doors for equipment or workshop use, and the greenhouse for year-round growing. The rear lot provides prime farmland, ideal for organic gardening or small-scale crops. Whether you're looking for a family-friendly retreat, space for hobbies or trades, or land with long-term potential, this property delivers comfort, versatility, and opportunity perfectly located just minutes from the shopping, dining, and services that make Guelph such a desirable place to call home.More details
Turn the key and step into your next waterfront income property. Air BNB Income $90,000 annually as per seller. This fully renovated 3-bedroom, 2-bathroom retreat on Lake Ontario offers the best of both worlds: a private lakeside escape and a proven short-term rental success. Previously run as a high-demand Airbnb, making it ideal for investors or anyone who wants a getaway that pays for itself. Guests love the open layout, modern finishes, and those unforgettable lake views from the deck and backyard. Sunrise coffees, sunset cocktails, and weekends by the water practically sell themselves. The location seals the deal: just minutes from downtown Bowmanville, with easy access to Hwy 401 and GO Transit, you get the perfect mix of peaceful retreat and urban convenience. Whether you keep it as a high-performing Airbnb, enjoy it as your family's weekend escape, or combine both, this property is a rare chance to own a waterfront lifestyle that doubles as a business opportunity. Waterfront property with income and life style .Its all here!!More details
Data was last updated September 13, 2025 at 04:15 AM (UTC)
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