238 Laurier AVE E, Lower Town - Sandy Hill, ON K1N 6P2
238 Laurier AVE E, Lower Town - Sandy Hill, ON K1N 6P2
238 Laurier AVE E, Lower Town - Sandy Hill, ON K1N 6P2
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Christine Domina

Christine Domina

+1(416) 873-4747
$3,800,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

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 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

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Listed by DISTRICT REALTY CORPORATION

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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