238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
Lower Town - Sandy Hill, ON, K1N 6P2 · 4004 - Sandy Hill
About this property
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 & Amenities
- Garage: None
- Cooling: No
- Heat Type: Gas Forced Air Closed
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Garage | None |
| Heat Type | Gas Forced Air Closed |
| Cooling | No |
| Annual Tax | $24,729 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 5524
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- No
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 62.90
- Lot Width
- 55.20
Financial & Tax
- Tax Annual Amount
- $24,729
- Tax Year
- 2025
- Possession Type
- Other
- Possession Details
- TBD
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Ottawa
- Cross Street
- Laurier Avenue East and Nelson Street
- Directions
- Take exit 118 for Nicholas St., continue on to Lees Ave. Continue onto King Edward Ave. Turn right onto Laurier Ave. Destination will be on the right.
- Showing Requirements
- See Brokerage Remarks, List Brokerage, List Salesperson
Location
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2, Lower Town - Sandy Hill, ON, K1N 6P2