238 Laurier Avenue

FOR SALE
$3,800,000
238 Laurier Avenue, Lower Town - Sandy Hill
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
238 Laurier Avenue
Investment
CATEGORY
55.2 x 62.9
LOT SIZE
X13578756
MLSID
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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.
Property Details
Address
238 Laurier Avenue
Postal Code
K1N 6P2
Property Type
Investment, Investment
Use
Apartment
Zoning
CM1[2262] H(20)
Lot Size
55' x 63'
Taxes
$24,729 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with District Realty Corporation
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