Ottawa, ON K1N6P4 246 LAURIER AVENUE E

$2,499,000

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Presented By: RE/MAX HALLMARK REALTY GROUP
  • MLS# X12352123
  • 08/19/2025
  • Request Tour
  • Request Info
  • SQFT • 4,706

Home Details

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 6.4% 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:7434)
Presented By: RE/MAX HALLMARK REALTY GROUP

Interior Features for 246 LAURIER AVENUE E

Bedrooms

Bedrooms

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther
Living Area Range4706

General for 246 LAURIER AVENUE E

Building Cooling TypeFully air conditioned
Building TypeResidential Commercial Mix
CommunityName4004 - Sandy Hill
Location DescriptionLocated at the corner of Laurier Avenue East and Nelson Street.
Property TypeRetail
Zoning DescriptionR4S[480], LC1[2262]

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $2,499,000
MLS#X12352123
List Date 08/19/2025
Property Type Commercial
Phone 403.608.2191
Request Tour
Request Info
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