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238 Laurier AVE E Lower Town - Sandy Hill, ON K1N 6P2
5,524 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,524 sqft
Price per Sqft $687
Subdivision 4004 - Sandy Hill
MLS Listing ID X13578756
Annual Tax Amount $24,729
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 55.2
Lot Depth 62.9
Others
ParcelsYN No
Listed by DISTRICT REALTY CORPORATION
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