351 Friel Street, Ottawa, Ontario

$3,995,000

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18

Beds

9

Baths

About 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. (id:6289)

Features of 351 Friel Street

Listing # X13441322
Price $3,995,000
Bedrooms 18
Bathrooms 9.00
Type Multi-family
Sub-Type Other

Community Information

Address 351 Friel Street
Area 4003 - Sandy Hill
Subdivision 4003 - Sandy Hill
City Ottawa
Province Ontario
Postal Code K1N7W7

Amenities

Utilities Sewer, Electricity
Parking Spaces 5
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter, Water Heater - Tankless
Heating Radiant heat, Natural gas
Cooling Wall unit
Fireplace No
# of Stories 3
Has Basement Yes
Basement Partially finished, Full

Exterior

Exterior Steel, Brick
Lot Description 33.3 x 99 FT
Foundation Stone, Concrete

Additional Information

Zoning N4B

Listing Details

OfficeTRU REALTY

Listing Map

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