$3,150,000
Available - For Sale
Listing ID: X13468880
245 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P7, Ottawa
| An exceptional opportunity to acquire a multi-family asset in Sandy Hill, one of Ottawa's most storied and sought-after neighbourhoods. The property comprises 14 bachelor units and a spacious four-bedroom apartment, offering a diverse unit mix well-suited to the surrounding rental market. Positioned just 400 metres from the University of Ottawa, the building draws consistent demand from students and young professionals, underpinning strong and reliable occupancy. Residents benefit from an unmatched walkable lifestyle - with restaurants, museums, parks, and the vibrant ByWard Market all steps away, alongside everyday essentials including grocery stores, the LCBO, and Shoppers Drug Mart. For investors, this property represents a rare chance to establish stable, long-term cash flow in one of the capital's most enduring and in-demand urban communities.Interior photos available by request. Showings can be arranged with 48 hours of notice. |
| Price | $3,150,000 |
| Taxes: | $26172.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 245 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P7, Ottawa |
| Postal Code: | K1N 6P7 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 19, PL 6 , N/S LAURIER AV, AS IN C |
| Directions/Cross Streets: | Laurier Avenue East & Nelson Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 8775.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 10825 |
| Water Expense: | $5521 |
| Net Income Before Debt: | $170025 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| DISTRICT REALTY CORPORATION |
|
|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4003 - Sandy Hill |
| Tax: | $26,172 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
