$3,800,000
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
Lower Town - Sandy Hill
- Square feet
- 5,524
- Type
- Investment
About this listing
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 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 details
- Price per sqft
- $688
- Days on market
- 5 days
- Property taxes
- $24,729/yr (2025)
- Lot size
- 55.2 × 62.9 Feet
- Heating
- Gas Forced Air Closed
- Cooling
- No
Payment calculator
- Mortgage amount
- $3,040,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13578756
Listed by DISTRICT REALTY CORPORATION
On market since Jul 17, 2026
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About 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2
How much is 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2?
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 is listed for $3,800,000 CAD.
What type of property is 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2?
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 is a Investment, 5,524 sq ft.
What neighbourhood is 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 in?
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 is in Lower Town - Sandy Hill, Ontario.
Is 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 for sale or for rent?
238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 is currently for sale.
How do I book a showing for 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2?
Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 238 Laurier Avenue E, Lower Town - Sandy Hill, ON K1N 6P2 (MLS# X13578756). You can also send a message through the contact form on this site.