About 360 Friel Street
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.
Features of 360 Friel Street
| MLS® # | X13441376 |
|---|---|
| Price | $5,195,000 |
| Bedrooms | 21 |
| Bathrooms | 16.00 |
| Square Footage | < 700 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 3-Storey |
| Status | Active |
Community Information
| Address | 360 Friel Street |
|---|---|
| Area | Ottawa |
| Subdivision | 4003 - Sandy Hill |
| City | Lower Town - Sandy Hill |
| Province | ON |
| Postal Code | K1N 7W6 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | None |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Basement | Full, Partially Finished |
| Kitchens | 16 |
Exterior
| Exterior | Brick, Metal/Steel Siding |
|---|
Listing Details
| Office | TRU REALTY |
|---|
