238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
$3,800,000
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2, Lower Town - Sandy Hill, ON
5524.0 sqft
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 Highlights
For Sale
MLS NO.
X13578756
Type
Commercial
Sub Type
Investment
Square Footage
5524.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13578756
Lot Width
55.2
Lot Size Units
SquareFeet
Garage Type
None
Cooling
No
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
City
Lower Town - Sandy Hill
Neighbourhood
4004 - Sandy Hill
County / Region
Ottawa
Province / State
ON
Postal Code
K1N 6P2
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.
Country
CA
List Price
$3,800,000
Annual Taxes
$24,729
Tax Year
2025
Legal Description
PT LT 1, PL 14349 , W/S NELSON ST, AS IN N537339, S/T & T/W N537339 ; OTTAWA/NEPEAN
Possession Type
Other
Possession Details
TBD
Listing Office
DISTRICT REALTY CORPORATION
Board
Ottawa Real Estate Board
Original Entry
2026-07-17T19:46:30Z
Media Updated
2026-07-24T12:59:26Z
Photos Updated
2026-07-17T19:46:31Z
Last Modified
2026-07-24T12:59:26Z
System Modified
2026-07-27T22:19:57.166922Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-11-30
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042090023
Public Remarks
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.
Showing Requirements
See Brokerage Remarks, List Brokerage, List Salesperson
