Commercial listings / Investment / For sale
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
$3,800,000






- Property type
- Investment
- Transaction
- For sale
- Location
- Lower Town - Sandy Hill, Ottawa
- Building area
- 5,524 Square Feet
- MLS® number
- X13578756
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.
Listing brokerage: DISTRICT REALTY CORPORATION
Listing information is provided courtesy of the listing brokerage shown with each property and is deemed reliable but not guaranteed. Listings include commercial properties only and may not include every property available. Billion Realty Inc., Brokerage is not the listing brokerage unless stated.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Listing information is deemed reliable but is not guaranteed accurate by PropTx. MLS® data is refreshed at least once every 24 hours. Copyright © 2026 PropTx.