360 Friel Street, Ottawa, Ontario K1N7W6
Listing courtesy of TRU REALTY.
- $5,195,000
- 21
- BD
- 16
- BA
- List Price
- $5,195,000
- Status
- ACTIVE
- Days on Market
- 89
- MLS® #
- OttawaRealEstateBoard-X13441376
- Bedrooms
- 21
- Bathrooms
- 16
- Subdivision
- 4003 - Sandy Hill
- Neighborhood
- 4003 - Sandy Hill
- MLS Area Major
- 4003 - Sandy Hill
Property Description
Exceptional opportunity to acquire a recently expanded and substantially renovated 16-unit apartment building in the heart of Sandy Hill, just steps from the University of Ottawa. Offering a mix of fully furnished suites designed to appeal to students and young professionals, the property benefits from strong rental demand in one of Ottawa's most sought-after investment locations. Significant capital improvements, including a permitted 7-unit addition, have transformed the property into a modern multi-residential asset. All 16 units are currently rented, providing an established income base with future rental growth potential. Ideally situated within walking distance of the University of Ottawa, Rideau Centre, ByWard Market, LRT stations, Parliament Hill and downtown employment centres. Two tandem parking spaces plus shared, owner-owned laundry facilities. A compelling opportunity for investors seeking scale, location and long-term growth in Ottawa's dynamic rental market. Updated rent roll, leases, investment package and due diligence materials available to qualified purchasers. (id:5764)
Additional Information
- Exterior Features
- Steel, Brick
- Taxes
- $19,816
- Community Features
- 4003 - Sandy Hill
- Appliances
- Water Heater - Tankless
- Heating
- Radiant heat, Natural gas
- Air Conditioning
- Wall unit
- Stories
- 3
- Foundation
- Stone, Concrete
- Parking Features
- No Garage
