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238 Laurier Avenue E
4004 - Sandy Hill Lower Town - Sandy Hill K1N 6P2

$3,800,000 /For Sale
Commercial

238 Laurier Ave. East, Ottawa
Photo 1: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 2: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 3: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 4: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 5: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 6: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 7: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 8: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Photo 9: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13578756
Bus Major:
Apts - 6 To 12 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5524 sq. ft. Square Feet
Total Area:
5,524 sq. ft.
Lot Depth:
62'10¾"
Lot Frontage:
55'2"
Water supply:
Municipal
Zoning:
CM1[2262] H(20)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$24,729 / 2025
Assessment:
$- / 2025
Ottawa
Lower Town - Sandy Hill
4004 - Sandy Hill
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Expenses Actual/Estimated:
Actual
Insurance Expenses:
$7,852
Management Expenses:
$6,811
Tax Expenses:
$24,729
Year Expenses:
2025
Maintenace Expenses:
$6,000
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Jul 17, 2026
Original Price:
Previous Price:
  • Photo 1: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 2: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 3: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 4: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 5: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 6: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 7: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 8: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
  • Photo 9: 238 Laurier Avenue E in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X13578756
    238 Laurier Ave. East, Ottawa
Listed by DISTRICT REALTY CORPORATION
Data was last updated July 18, 2026 at 12:15 PM (UTC)
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