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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa
For SaleLower Town - Sandy Hill

238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa, Investment for Sale

MLS® X13578756

Lower Town - Sandy Hill, Ottawa, ON

113 days on market
$3,800,000
Show on Map
Show on Map
N/ABeds
N/ABaths
5,524Sqft
N/AParking
Investment

Overview· 238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa

MLS® #X13578756

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.

Broker

DISTRICT REALTY CORPORATION

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Walk Score®98Walker's ParadiseWalker's Paradise
Transit Score®88Excellent TransitExcellent Transit
Bike Score®99Biker's ParadiseBiker's Paradise
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa

Source: MLS® listing data
238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa

Investment

238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa

Lower Town - Sandy Hill

Type

Investment

Parking

None

Property Tax

~$24,729/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

5524 sqft

Parking

None

Finances

List Price

$3,800,000

Price per SQFT

$688/sqft

Property Tax

~$24,729/yr

Property Specs

Property Type

Investment

MLS Size

5524 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Lower Town - Sandy Hill

Listed On

Jul 17, 2026

Price & Listing History

Days on Market

Current: 113 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 238 Laurier Avenue E Lower Town - Sandy Hill, Ottawa.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$15,284/mo
Property Tax$2,061/mo
Total Monthly$17,345

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0