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$5,195,000
ActiveAbout this Property
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 and redevelopment have transformed the property into a modern multi-residential asset with attractive long-term income potential and continued lease-up upside. 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 future growth in Ottawa's dynamic rental market. Current rent roll, leases and due diligence materials available to qualified purchasers.
Listed by TRU REALTY · MLS# X13441376
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 360 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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