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 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. The current rent roll reflects all 16 units occupied, 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. 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:20425)
| MLS® Number | X13441376 |
| Property Type | Multi-family |
| Community Name | 4003 - Sandy Hill |
| Parking Space Total | 5 |
| Bathroom Total | 16 |
| Bedrooms Above Ground | 21 |
| Bedrooms Total | 21 |
| Appliances | Water Heater - Tankless |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Steel |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 0 - 699 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft |
| Size Frontage | 54 Ft |
| Size Irregular | 54 X 99 Ft |
| Size Total Text | 54 X 99 Ft |
| Zoning Description | N4b |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29900235/360-friel-street-ottawa-4003-sandy-hill
Contact us for more information
Kevin Saunders
Broker of Record
(343) 300-6200
trurealty.ca/