CAONLower Town - Sandy Hill16-360 S Friel Street S
Listing image | Image 1
Link Copied

16-360 S Friel Street S, Lower Town - Sandy Hill, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$5,995,000

0160

MLS® X12789414

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $21,484
Days Active 5
Approx. Age 
MLS® Number X12789414

Property Address: 16-360 S Friel Street S, Lower Town - Sandy Hill, ON, K1N7W6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX12789414
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 14, 2026List Date
$5,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
360 S Friel Street S, Lower Town - Sandy Hill, ON

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany Careers
eXp LifeZoocasaSuccessQuebec ListingsAccessibility
Terms and ConditionsPrivacy PolicyCookie PolicyModalitésPolitique de confidentialitéSitemap

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp REALTY

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. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, 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 CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved