360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6
Lower Town - Sandy Hill
Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All 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 Overview Projected Residential Rental Income: $402,420.00, Parking Income: $1,800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) - $8,084.00, Property Taxes (5.42%) - $21,484.00, Utilities (5.82%) - $23,064.00 (Heat, Water, Hydro) Repairs & Maintenance (4%) - $15,845.00, Property Management (3.96%) - $15,687.00, Property Insurance (6.85%) - $27,125.00Advertising (0.5%) - $1,981.00, Total Projected Operating Expenses: $113,270.00. Financial Summary - Gross Income: $408,000.00, Less Operating Expenses: $113,270.00, Estimated Net Operating Income (NOI): $294,690.00 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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6
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MLS# X12789414
Listed by COLDWELL BANKER SARAZEN REALTY
On market since Feb 14, 2026
360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 is listed for $5,199,900 CAD.
360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 has 16 bathrooms.
360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 is a Investment, 8,635 sq ft.
360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 is in Lower Town - Sandy Hill, Ontario.
360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 360 S Friel Street S, Lower Town - Sandy Hill, ON K1N 7W6 (MLS# X12789414). You can also send a message through the contact form on this site.
