$3,800,000
( $687.91Per Sq Foot )
 $20,399 est/mo Sourced by Back At You

238 Laurier Avenue E,Lower Town - Sandy Hill, ON K1N 6P2

Lower Town - Sandy Hill, ON K1N 6P2

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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.

Details

MLS #X13578756
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site91
Listing Provided ByDISTRICT REALTY CORPORATION | X13578756 486200

Features

SQ Feet5,524
Acreage0.13

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount24729
Tax TypeAnnual
Tax Legal DescriptionPT LT 1, PL 14349 , W/S NELSON ST, AS IN N537339, S/T & T/W N537339 ; OTTAWA/NEPEAN
Tax Year2025

Area Information

ProvinceON
RegionOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 6P2
Area4004 Sandy Hill
Listing VS Median (in K1N 6P2)
Price:
$3,800,000
low | high
Med:
$3,800,000
50% of Average
sqft:
5,524
low | high
Med:
5,524
50% of Average
$ / sqft:
$688
low | high
Med:
$688
50% of Average
On site:
91
low | high
Med:
91
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Carrie Stengel

Carrie Stengel

Momentum Realty

 (519) 427-7712carriestengel@icloud.com
ProvinceON
RegionOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 6P2
Area4004 Sandy Hill
Listing VS Median (in K1N 6P2)
Price:
$3,800,000
low | high
Med:
$3,800,000
50% of Average
sqft:
5,524
low | high
Med:
5,524
50% of Average
$ / sqft:
$688
low | high
Med:
$688
50% of Average
On site:
91
low | high
Med:
91
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:24:45 PM PDT