20 photos


$3,995,000
ActiveAbout 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. This 10-unit building features a desirable mix of furnished 1-bedroom, 2-bedroom and 3-bedroom suites 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 maximize 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.
Listed by TRU REALTY · MLS# X13441322
About Sandy Hill
Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.
Features & Details
Property details of 351 Friel Street, Ottawa, ON
Market Insights for Multiplex in Ottawa
Based on 4 sales in the last 90 days · Showing city-wide data
Seller’s Market
Properties are selling quickly (avg 17 days). Buyers should be prepared to act fast and may face competition.
New Listings
4
Avg Days on Market
17 days
Avg Price/Sq Ft
$344
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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