Space
Finished area and layout
- Building Area
- 5,524 sqft





Property Snapshot
Finished area and layout
Type, style and structure
Land, frontage and setting
Price, taxes and monthly charges
This investment in Lower Town Sandy Hill offers 5,524 sqft of building area. The property has zoned CM1[2262] H(20). The home features no.
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.
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.
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Listed by DISTRICT REALTY CORPORATION
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Listed by DISTRICT REALTY CORPORATION · MLS# X13578756
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Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Calculating…
Estimate from the jurisdiction's published transfer-tax rates. Consult your lawyer for exact amounts.