LOADING

351 Friel Street Ottawa, Ontario K1N 7W7

18 Bedroom 9 Bathroom 3500 - 5000 sqft
Wall Unit Radiant Heat

$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. 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:59524)

Property Details

MLS® Number X13441322
Property Type Multi-family
Community Name 4003 - Sandy Hill
ParkingSpaceTotal 5

Building

BathroomTotal 9
BedroomsAboveGround 18
BedroomsTotal 18
Appliances Water Heater - Tankless, Water Meter
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
CoolingType Wall Unit
ExteriorFinish Brick, Steel
FoundationType Concrete, Stone
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 99 Ft
SizeFrontage 33 Ft ,3 In
SizeIrregular 33.3 X 99 Ft
SizeTotalText 33.3 X 99 Ft
ZoningDescription N4b

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29900234/351-friel-street-ottawa-4003-sandy-hill

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