NewFor Sale

238 Laurier Avenue E
Lower Town - Sandy Hill, Ottawa, ON, K1N 6P2

Investment
TRREB
MLS® Number: X13578756
$3,800,000List Price
InvestmentProperty Type
5,524 sq ftSize
$24,729 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2

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Description

238 Laurier Avenue East presents a rare opportunity to acquire a fully renovated mixed-use investment property in the heart of Ottawa's highly sought-after Sandy Hill neighbourhood. The asset comprises six fully furnished residential apartments and two established ground-floor retail units, creating a diversified income stream supported by a strong mix of residential and commercial tenancy. Thoughtfully modernized while preserving its historic character, the property offers investors a turnkey asset with minimal near-term capital requirements. The residential component features four one-bedroom and two bachelor suites designed to appeal to students, young professionals, and urban renters, while the commercial units benefit from strong street presence and shared lower-level amenities including storage, washrooms, and freezer space. Together, the property's balanced tenancy profile and strategic mixed-use configuration provide a compelling long-term investment opportunity in one of Ottawa's most resilient rental markets.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$24,729 / 2025
Listing #:X13578756
Property Type:Investment
Size:5,524 sq ft
Land Size:55.2 x 62.9
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:DISTRICT REALTY CORPORATION

Rooms

Details

Property

Property Type:Investment
Community:4004 - Sandy Hill
Municipality:Ottawa

Building

Size:5,524 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Closed

Land

Cross Street:Laurier Avenue East and Nelson Street

$3,800,000

List price

238 Laurier Avenue E, Lower Town - Sandy Hill – Investment for sale