238 Laurier Avenue E, Lower Town - Sandy Hill, ON

$3,800,000

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About 238 Laurier Avenue E

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 of 238 Laurier Avenue E

MLS® # X13578756
Price $3,800,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 238 Laurier Avenue E
Area Ottawa
Subdivision 4004 - Sandy Hill
City Lower Town - Sandy Hill
Province ON
Postal Code K1N 6P2

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling No
Fireplace No

Listing Details

OfficeDISTRICT REALTY CORPORATION

Listing Map

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