246 LAURIER AVENUE E
4004 - Sandy Hill
Ottawa
K1N 6P4
$2,400,000
Multi-family
4,706 sq. ft.
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12399703
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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 6.7% 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:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Total Living Area:
- 4,706 sq. ft.437 m2
- Total Building Area:
- 4,706 sq. ft.437 m2
- Zoning:
- R4S[480], LC1[2262]
- Taxes:
- $22,206 / -
- Community:
- 4004 - Sandy Hill
- Structure Type:
- Multi-Family
- Cooling:
- Fully air conditioned
- Fireplace:
- No
- Heating:
- Natural gas, Other
- Water:
- Municipal water
- Lot Frontage:
- 62'18.9 m
- Lot Details:
- Bldg=62 x 71 FT
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 13, 2025 at 12:45 AM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $1,769,950
- Min list price:
- $589,900
- Max list price:
- $3,150,000
- Avg days on market:
- 69
- Min days on market:
- 3
- Max days on market:
- 456
These statistics are generated based on the current listing's property type
and located in
4004 - Sandy Hill. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Call Us Today Before It's Too Late!
- RE/MAX PILON GROUP
- 1 (613) 909-8100
- Contact by Email
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