Situated in the heart of Sandy Hill, 349 Chapel Street is a fantastic opportunity for homeowners and investors alike. This charming single-family home retains its classic nature while offering strong potential for rental income, thanks to its proximity to the University of Ottawa and downtown core. With its spacious layout, including 5 +1 bedrooms and 2 full bathrooms, modern kitchen, and a new family room addition, this property is well-suited for a variety of uses, whether as a comfortable family home, student rental, or multi-room investment property. The demand for rental housing in this area remains high, making it a prime choice for those looking to capitalize on Ottawa's strong student housing rental market. Located just minutes from ByWard Market, Rideau Centre, and major transit routes, residents enjoy convenient access to shopping, dining, and entertainment. The private backyard, including one parking spaces (parking status to be confirmed by Buyer), inviting living spaces add to the property's appeal, offering a mix of charm and practicality. Whether you're looking to acquire a charming starter home in a desirable neighborhood or seeking a turnkey investment property, 349 Chapel Street presents an exceptional opportunity in one of Ottawa's most sought-after communities. Equipped with new plumbing, electrical, forced air heating, new roof, and in-unit laundry.