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351 Friel Street

351 Friel Street

Lower Town - Sandy Hill, ON

  • 18 bed
  • 9 bath
  • approx. 3500-5000 sqft
  • Multiplex
  • 94 days on market
$3,995,000

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.

Listing Details

Taxes (2025)
$11,915
Listed
June 12, 2026

Price History

Property

Style
3-Storey
Construction
Brick, Metal/Steel Siding
Roof
Shingles, Membrane
Foundation
Concrete, Stone
Interior
On Demand Water Heater
Lot Size
33.25 x 99 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Laurier Ave/Friel St
Zoning
N4B
Parcel Number
042110258
Possession
Immediate
Occupancy
Tenant

Schools

Elementary

  • École élémentaire publique Francojeunesse0.1 km

    French public · CÉP de l'Est de l'Ontario · 550 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 80% met the provincial standard

  • York Street Public School0.6 km

    Public · Ottawa-Carleton DSB · 275 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard

  • École élémentaire catholique Sainte-Anne0.6 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 305 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard

Secondary

  • École secondaire publique De La Salle0.9 km

    French public · CÉP de l'Est de l'Ontario · 950 students

    Grade 10 literacy: 93% met the provincial standard

  • Lisgar Collegiate Institute1 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Immaculata High School1.9 km

    Catholic · Ottawa CSB · 855 students

    Grade 10 literacy: 87% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Lower Town - Sandy Hill · last 12 months

Median sold price
$474,000
Homes sold
220
Median days on market
34
Sale-to-list price
96.7%

Based on 220 recorded sales of residential freehold properties in Lower Town - Sandy Hill over the last 12 months.

Listed by

TRU REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$799,000

Estimated Monthly Payment

$19,626

Land transfer tax

Estimated land transfer tax$86,350

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $19,626/mo (20% down, 5.5%)

Taxes: $993/mo · Insurance: $999/mo

Estimates only. Consult a financial advisor.

R

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