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Sandy Hill · K1N 6P2
$3,800,000
MLS® #X13578756
All photos · 9
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.
General information
Building and mechanicals
Parking and garage
Lot and land
Taxes
Mortgage estimate
Estimated monthly payment
$16,046
Down payment: $760,000 · Loan: $3,040,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: DISTRICT REALTY CORPORATION. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jul 24, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.