351 Friel Street, Ottawa, Ontario K1N 7W7

Listed for:
$3,995,000
18 beds
9 baths
Listed 8 days ago
Other for rent: 351 Friel Street, Ottawa, Ontario K1N 7W7

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About

Cross Streets: Laurier Ave/Friel St. ** Directions: Laurer Ave East to North on Friel St. 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:27476)

Property Highlights

MLS® Number
X13441322
Type
Multi-family
Community Name
4003 - Sandy Hill
Land Size
33.3 x 99 FT
Parking Space Total
5

Building

Building Type
Other
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
9
Bedrooms Above Ground
18
Bedrooms Total
18
Exterior Finish
Brick, Steel
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
TRU REALTY
MLS® number:
X13441322
Agent:
Kevin Saunders
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