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368 Chapel St 7 Unit Apartment Building $4,500,000 CAD ($642,857 CAD/Unit) 3.90% Cap Rate Ottawa, ON K1N 7Z6
INVESTMENT HIGHLIGHTS
- Newly Constructed
- All units have central air except unit 7 in the lower level
- Located in Sandy Hill near the University of Ottawa
- Excellent finishes on all units, with self-contained unit Hydro/Heating
- Door entry system to all apartments
- Walking distance to Rideau Street, the Rideau Center, Byward Market, O Train Station, and frequent bus lines
EXECUTIVE SUMMARY
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 it's own furnace, Hydro Meter, on demand Hot Water Tank and one piece stacked washer and dryer. 72 Hours irrevocable and Schedule B with all offers. 24 Hours Notice for the showings as per tenant rules. All units have central air except unit 7 in the lower level. (26159716).
PROPERTY FACTS
| Price | $4,500,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $642,857 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.90% | Building Size | 6,156 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Zoning | R4UB - Residential Fourth Density Urban | ||
| Price | $4,500,000 CAD |
| Price Per Unit | $642,857 CAD |
| Sale Type | Investment |
| Cap Rate | 3.90% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 6,156 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | R4UB - Residential Fourth Density Urban |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Security System
- Kitchen
- Instant Hot Water
SITE AMENITIES
- Security System
- Video Patrol
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (93)
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368 Chapel St
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