351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
351 Friel ST, Lower Town - Sandy Hill, ON K1N 7W7
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$ 3,995,000
Est. payment | /mo

18 Beds

9 Baths


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$ 3,995,000
Est. payment | /mo
Save

18 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4003 - Sandy Hill

MLS Listing ID X13441322

Style 3-Storey

Bedrooms 18

Annual Tax Amount $11,915

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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. Currently fully occupied, the property is 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. All suites are furnished and equipped with a fridge, stove and microwave, with owned shared laundry facilities and three rented parking spaces providing additional income. Significant capital improvements have been completed in recent years, providing established in-place rental income with opportunities to optimize returns over time. 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 and long-term growth potential. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers.

Location

Province ON

County Ottawa

Area Ottawa

Zoning N4B

Rooms

Basement Full, Partially Finished

Kitchen 7

Interior

Interior Features On Demand Water Heater

Cooling Wall Unit(s)

Exterior

Parking Features None

Pool None

Roof Type Shingles,Membrane

Total Parking Spaces 3

Building

Foundation Concrete, Stone

Lited by TRU REALTY

Nearby Locations

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351 Friel ST