351 FRIEL STREET
Ottawa, Ontario
MLS® X13441322
$3,995,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13441322
- Bedrooms
- 18
- Bathrooms
- 9
- Year built
- —
1 / 20Listing description
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.
Property summary
- MLS® number
- X13441322
- Property type
- Multi-family
- Building type
- Other
- Land size
- 33.3 x 99 FT
- Annual property taxes
- $11,915.00
- Parking
- 5 spaces · No Garage
- Days on market
- 82 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Wall unit
- Basement
- Partially finished, Full
- Appliances
- Water meter, Water Heater - Tankless
- Exterior features
- Steel, Brick
What would this home cost you?
Based on the $3,995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of TRU REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.