$ 5,195,000

360 Friel Street, Ottawa

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 fully 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. All 16 units are currently rented, 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. Two tandem parking spaces plus shared, owner-owned laundry facilities. 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:1945)
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Property details for 360 Friel Street, Ottawa

Type
Multi-family
Bedrooms
21
Bathrooms
16
Lot Size
54 x 99 FT
Stories
3
Basement
Partially finished, Full
Parking
No Garage
Heating
Radiant heat, Natural gas
Cooling
Wall unit
Exterior
Steel, Brick
Annual Taxes
$19,816 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 360 Friel Street

Active Listings
1
Min Price
$5,195,000
Max Price
$5,195,000
Avg Price
$5,195,000
Days on Market
112
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Ottawa, Ontario

Population
514
Median Age
27.1
Median Income
$22,592
Dwelling Value
$501,422

Housing Tenure

Owners 20%
Renters 80%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 9,396.7/km²
Avg Shelter Cost: $1,431/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 38.5%
Tenants Spending 30%+: 57.7%
English only: 49.5%
English and French: 50.5%
Median Household Income: $33,216
Median Employment Income: $19,264

Price History

Listed
June 13, 2026
by TRU REALTY
Current Price
$5,195,000
Type
Multi-family
For Sale
360 Friel Street

Contact Agent Get in touch about 360 Friel Street, Ottawa

Kevin Saunders
Kevin Saunders
TRU REALTY