$3,995,000
351 Friel Street, Lower Town - Sandy Hill, ON K1N 7W7
18 beds9 baths3 parking 3500-5000 ft²
Key facts
- MLS®
- X13441322
- Status
- Extension
- Type
- Multiplex
- Taxes
- $11,915
- Size
- 3500-5000 ft²
- Parking
- 3 total
- Listed
- 2026-06-13
- Brokerage
- TRU REALTY
- Cross street
- Laurier Ave/Friel St
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.