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Saturday, August 15th, 2026

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$3,800,000
Available - For Sale
Listing ID: X13578756
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.
Price $3,800,000
Taxes: $24,729
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 238 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P2, Ottawa
Postal Code: K1N 6P2
Province/State: Ottawa
Legal Description: PT LT 1, PL 14349 , W/S NELSON ST, AS IN
Directions/Cross Streets: Laurier Avenue East and Nelson Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,524
Total Area Code:  Square Feet
 Management Expense: 6811
Maintenance: 0
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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DISTRICT REALTY CORPORATION

238 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P2, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style:
Lot Size: x 62.90(Feet)
Approximate Age:
Tax: $24,729
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com