For Sale: 351 Friel Street, Ottawa, ON - REW
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$3,995,000
18 bd • 9 ba • 3500 - 4999 sf • Multifamily
351 Friel Street
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$3,995,000
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351 Friel StreetOttawa, ON, K1N 7W7

Sandy Hill
  • 18 Bed
  • 9 Bath
  • 3500 - 4999 Sqft
  • Multifamily

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. 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. (id:63626)
Listed by: Kevin Saunders, Broker, TRU REALTY

Home facts and features

Price details
List Price
$3,995,000
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Gross Taxes for 2025
$11,915
Home facts
Bedrooms
18
Full Bathrooms
9
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Lot Size
33 ft x 99 ft (3296 ft²)
Depth
99 feet
Frontage
33.3 feet
Exterior Finish
Steel, Brick
Heating Type
Radiant heat, Natural gas
Cooling
Wall unit
Basement Details
Partially finished, Full
Appliances
Water Heater - Tankless, Water meter
Community
Agent details
Primary Agent
Primary Broker
TRU REALTY
Listing details
Days on REW
94 Days
Property Views
13
MLS® Number
X13441322
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ÉEP Francojeunesse
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
York Street Public School
  • Public
  • JK - 8
ÉSP De La Salle
  • Public
  • 9 - 12
ÉEP De la Salle
  • Public
  • 7 - 8
Viscount Alexander Public School
  • Public
  • JK - 6
Lisgar Collegiate Institute
  • Public
  • 9 - 12
ÉEP Le Trillium
  • Public
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
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Broker
Kevin Saunders
Phone:
(613) 299-7100
Office:
343-300-6200
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