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246 LAURIER AVENUE E
4004 - Sandy Hill Ottawa K1N 6P4

$2,400,000
Multi-family 4,706 sq. ft.

Main Photo: 246 LAURIER AVENUE E, Ottawa
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12399703
Tired of residential tenants? Invest in a well-maintained multi-purpose building with strong anchor tenants in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can cashflow over $2000/month from day 1! This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.7% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Total Living Area:
4,706 sq. ft.
Total Building Area:
4,706 sq. ft.
Zoning:
R4S[480], LC1[2262]
Taxes:
$22,206 / -
Community:
4004 - Sandy Hill
Structure Type:
Multi-Family
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Natural gas, Other
Water:
Municipal water
Lot Frontage:
62'
Lot Details:
Bldg=62 x 71 FT
  • Photo 1: 246 LAURIER AVENUE E, Ottawa
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 12, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,769,950
Min list price:
$589,900
Max list price:
$3,150,000
Avg days on market:
69
Min days on market:
3
Max days on market:
456
These statistics are generated based on the current listing's property type and located in 4004 - Sandy Hill. Average values are derived using median calculations. This data is not produced by the MLS® system.
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