246 Laurier Avenue ELower Town - Sandy Hill, Ottawa, ON, K1N 6P4
246 Laurier Avenue ELower Town - Sandy Hill, Ottawa, ON, K1N 6P4
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Listing History
Buy/sell history for 246 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P4
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Lower Town - Sandy Hill
Description
Tired of residential tenants? Invest in a well-maintained multi-purpose building with strong anchor tenants in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can cashflow over $2000/month from day 1! This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.4% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers.
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$2,499,000
List price