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18 Beds
9 Baths

C$3,995,000

351 Friel Street, Lower Town - Sandy Hill ON, K1N 7W7

Property typeMulti-family

Overview

Active

Extension

Listed Jun 13, 2026

Updated 4 weeks ago

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. Currently fully occupied, the property is configured as six rental suites comprising 18 bedrooms, including a mix of 2-bedroom, 3-bedroom and shared accommodation units catering to students and young professionals in one of Ottawa's strongest rental markets. All suites are furnished and equipped with a fridge, stove and microwave, with owned shared laundry facilities and three rented parking spaces providing additional income. Significant capital improvements have been completed in recent years, providing established in-place rental income with opportunities to optimize returns over time. 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 and long-term growth potential. Property being sold under Power of Sale. Current rent roll, leases and due diligence materials available to qualified purchasers.

Additional information

MLS® ID
X13441322

Interior Features

Bedrooms
18
Bathrooms
9
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$11,915
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Listed by , TRU REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:47 AM UTC, 9/11/2026

 

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