16 - 360 Friel Street S Ottawa, Ontario K1N 7W6
$5,995,000
Welcome to 360 Friel StreetAn exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of:9 fully renovated and refurbished units7 newly constructed additional units (construction recently completed)Unit Breakdown:1 Three-Bedroom Unit3 Two-Bedroom Units2 One-Bedroom Units10 Studio UnitsAll units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one.Income OverviewProjected Residential Rental Income: $402,420.00Parking Income: $1,800.00Laundry Income: $3,780.00Total Projected Gross Income:$408,000.00 AnnuallyProjected 2026 Operating ExpensesVacancy (2%) - $8,084.00Property Taxes (5.42%) - $21,484.00Utilities (5.82%) - $23,064.00 (Heat, Water, Hydro)Repairs & Maintenance (4%) - $15,845.00Property Management (3.96%) - $15,687.00Property Insurance (6.85%) - $27,125.00Advertising (0.5%) - $1,981.00Total Projected Operating Expenses:$113,270.00Financial SummaryGross Income: $408,000.00Less Operating Expenses: $113,270.00Estimated Net Operating Income (NOI):$294,730.00 Annually This newly completed, fully furnished multi-unit property presents a rare opportunity to acquire a modern, income-generating asset with strong projected returns and long-term growth potential. (id:19720)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12789414 |
| Property Type | Multi-family |
| Community Name | 4003 - Sandy Hill |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 16 |
| Age | 51 To 99 Years |
| Appliances | Dishwasher, Dryer, Furniture, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters, Radiator |
| Size Exterior | 5871 Sqft |
| Size Interior | 5,871 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Size Depth | 99 Ft |
| Size Frontage | 54 Ft |
| Size Irregular | 5871 |
| Size Total | 5871 Ac |
| Size Total Text | 5871 Ac |
| Zoning Description | R4t[480] |
https://www.realtor.ca/real-estate/29361999/16-360-friel-street-s-ottawa-4003-sandy-hill
Contact Us
Contact us for more information
J.p. (John) Laurin
Salesperson
2544 Bank Street
Ottawa, Ontario K1T 1M9
(613) 288-1999
(613) 288-1555
www.coldwellbankersarazen.com/
Nantha Aiyadurai
Broker
www.nantha.ca/
2544 Bank Street
Ottawa, Ontario K1T 1M9
(613) 288-1999
(613) 288-1555
www.coldwellbankersarazen.com/
Louis Lo Mascolo
Salesperson
2544 Bank Street
Ottawa, Ontario K1T 1M9
(613) 288-1999
(613) 288-1555
www.coldwellbankersarazen.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 14 2026 04:24:15
Ottawa Real Estate Board
Coldwell Banker Sarazen Realty