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
| Office | DISTRICT REALTY CORPORATION |
|---|
