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

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