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$3,150,000
Available - For Sale
Listing ID: X13468880
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: $26,172
Tax Type: Annual
Assessment Year: 2025
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 8,775
Total Area Code:  Square Feet
 Management Expense: 10825
Maintenance: 0
Water Expense: $5521
Net Income Before Debt: $170025
Expenses Actual/Estimated: $Act
Heat Type: Baseboard
Central Air Conditioning: Yes
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DISTRICT REALTY CORPORATION

245 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P7, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4003 - Sandy Hill
Style:
Lot Size: x 87.42(Feet)
Approximate Age:
Tax: $26,172
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908