238 Laurier Avenue
4004 - Sandy Hill / Lower Town - Sandy Hill, ON K1N 6P2
About This Property
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.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13578756
Listed by DISTRICT REALTY CORPORATION
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$18,556
/month · $3,040,000 mortgage
Amortization
Total Interest
$2,526,770
Total Cost
$5,566,770
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
DISTRICT REALTY CORPORATION








