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368 Chapel Street
4004 - Sandy Hill Lower Town - Sandy Hill K1N 7Z6

$4,250,000 /For Sale
Commercial

Main Photo: 368 Chapel Street, Lower Town - Sandy Hill
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12876400
Bus Major:
Apts - 6 To 12 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4068 sq. ft. Square Feet
Total Area:
4,067.91 sq. ft.
Lot Depth:
123'3¼"
Lot Frontage:
33'
Water supply:
Municipal
Zoning:
R4S[480]
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$26,014 / 2026
Assessment:
$- / 2025
Ottawa
Lower Town - Sandy Hill
4004 - Sandy Hill
Public Transit
7 SS Stoves, 7 SS Microwave/Hood Fans, 7 SS Refrigerators, 7 SS Dishwashers, 7 White Stackable Washer/Dryers, 7 SS Forced Air Gas Furnaces, 7 On-Demand Hot Water Tanks, 6 Central Air Conditioners, Wifi Cameras, Fire Alarm System
Tenant Belongings
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$250,800
Net Income Before Debt:
$201,374
Expenses Actual/Estimated:
Actual
Hydro Expenses:
$2,015
Insurance Expenses:
$6,259
Management Expenses:
$7,594
Tax Expenses:
$26,014
Operating Expenses:
$49,426
Other Expenses:
$1,144
Water Expenses:
$4,650
Year Expenses:
2025
Maintenace Expenses:
$1,750
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Mar 12, 2026
Original Price:
Previous Price:
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated March 12, 2026 at 08:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.