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MLS® X13578756
Lower Town - Sandy Hill, Ottawa, ON
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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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
Days on Market
Current: 113 days
Room information is not available for this listing.
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