351 Friel Street, Lower Town - Sandy Hill, ON

$3,995,000

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18

Beds

9

Baths

351 Friel Street

Rare opportunity to acquire a recently expanded and substantially renovated multi-unit investment property in the heart of Sandy Hill, just steps from the University of Ottawa. The property is currently configured as six rental suites comprising 18 bedrooms, including a mix of 2-bedroom, 3-bedroom and shared accommodation units catering to students and young professionals in one of Ottawa's strongest rental markets. Significant capital improvements have been completed in recent years, with additional opportunities to further stabilize income and optimize returns. Excellent walkability to the University of Ottawa, Rideau Centre, ByWard Market, LRT stations and downtown employment centres. An attractive opportunity for investors seeking a well-located asset with strong rental demand, upside potential and long-term growth prospects. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers.

Features of 351 Friel Street

MLS® # X13441322
Price $3,995,000
Bedrooms 18
Bathrooms 9.00
Square Footage 3500-5000
Type Residential Freehold
Sub-Type Multiplex
Style 3-Storey
Status Active

Community Information

Address 351 Friel Street
Area Ottawa
Neighborhood 4003 - Sandy Hill
City Lower Town - Sandy Hill
Province ON
Postal Code K1N 7W7

Amenities

Parking Spaces 5
Garage Type None
Pool None

Interior

Heating Radiant
Cooling Wall Unit(s)
Fireplace No
Basement Full, Partially Finished

Exterior

Exterior Brick, Metal/Steel Siding

Listing Details

OfficeTRU REALTY

Listing Map

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