351 Friel Street Ottawa, Ontario K1N 7W7
$3,995,000
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. This 10-unit building features a desirable mix of furnished 1-bedroom, 2-bedroom and 3-bedroom suites 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 maximize 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:62854)
Property Details
| 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 |
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