For Sale Multi-Family

351 Friel Street Ottawa, Ontario K1N 7W7

$3,995,000 MLS® X13441322
18 Bedrooms
9 Bathrooms
3,500 - 5,000 sqft Interior
5 Parking spaces
33.3 X 99 Ft Lot size
Wall Unit Radiant Heat

About this home

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. (id:28469)

Facts & features

Property

MLS® Number
X13441322
Property Type
Multi-family
Community Name
4003 - Sandy Hill
Parking Space Total
5

Building

Bathroom Total
9
Bedrooms Above Ground
18
Bedrooms Total
18
Appliances
Water Heater - Tankless, Water Meter
Basement Development
Partially Finished
Basement Type
Full (partially Finished)
Cooling Type
Wall Unit
Exterior Finish
Brick, Steel
Foundation Type
Concrete, Stone
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
3,500 - 5,000 Sqft
Type
Other
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft
Size Frontage
33 Ft ,3 In
Size Irregular
33.3 X 99 Ft
Size Total Text
33.3 X 99 Ft
Zoning Description
N4b

Utilities

Electricity
Installed
Sewer
Installed

Location

351 Friel Street, Ottawa, Ontario K1N 7W7  ·  Get directions

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.