MLS#: X13441376Listed: 3 months agoUpdated:1 day ago
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:58075)
Details
Details for 360 Friel Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
3
Neighborhood
4003 - Sandy Hill
Land Size
54 x 99 FT
Year Built
-
Annual Property Taxes
$19,816
Parking Type
No Garage
Inside
Appliances
Water Heater - Tankless
Rooms
-
Bedrooms
21
Bathrooms
16
Fireplace
-
Fireplace Total
-
Basement
Partially finished, Full
Building
Architecture Style
-
Direction
Cross Streets: Friel St and Laurier. ** Directions: Laurier Ave East to north on Frel St.