351 Friel Street, Lower Town - Sandy Hill, ON K1N 7W7
Lower Town - Sandy Hill, ON, K1N 7W7 · 4003 - Sandy Hill
About this property
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.
Features & Amenities
- Basement: Full, Partially Finished
- Garage: None
- Cooling: Wall Unit(s)
- Heat Type: Radiant
- Heat Source: Gas
- Style: 3-Storey
- Construction: Brick, Metal/Steel Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 18 |
| Bathrooms | 9 |
| Basement | Full, Partially Finished |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $11,915 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- On Demand Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick, Metal/Steel Siding
- Foundation Details
- Concrete, Stone
- Roof
- Shingles, Membrane
- Basement
- Full, Partially Finished
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.00
- Lot Width
- 33.25
Financial & Tax
- Tax Annual Amount
- $11,915
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 7
- Kitchens Above Grade
- 7
- Kitchens Total
- 7
- Bedrooms Above Grade
- 18
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Ottawa
- Cross Street
- Laurier Ave/Friel St
- Directions
- Laurer Ave East to North on Friel St
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Brokerage
Location
351 Friel Street, Lower Town - Sandy Hill, ON K1N 7W7, Lower Town - Sandy Hill, ON, K1N 7W7