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245 Laurier Avenue E
4003 - Sandy Hill Lower Town - Sandy Hill K1N 6P7

$3,150,000 /For Sale
Commercial

245 Laurier Avenue East, Ottawa
Photo 1: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 2: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 3: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 4: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 5: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 6: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 7: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 8: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 9: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 10: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Photo 11: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13468880
Bus Major:
Apts - 13 To 20 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
8775 sq. ft. Square Feet
Total Area:
8,775 sq. ft.
Lot Depth:
87'5"
Lot Frontage:
66'
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:
$26,172 / 2026
Assessment:
$- / 2025
Ottawa
Lower Town - Sandy Hill
4003 - Sandy Hill
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Net Income Before Debt:
$170,025
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,372
Hydro Expenses:
$16,780
Insurance Expenses:
$600
Management Expenses:
$10,825
Tax Expenses:
$26,172
Operating Expenses:
$84,670
Water Expenses:
$5,521
Year Expenses:
2026
Maintenace Expenses:
$1,800
Major Business Type:
Apts - 13 To 20 Units
Category:
Apartment
Date Listed:
Jun 19, 2026
Original Price:
Previous Price:
  • Photo 1: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 2: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 3: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 4: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 5: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 6: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 7: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 8: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 9: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 10: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
  • Photo 11: 245 Laurier Avenue E in Lower Town - Sandy Hill: 4003 - Sandy Hill Commercial for sale : MLS®# X13468880
    245 Laurier Avenue East, Ottawa
Listed by DISTRICT REALTY CORPORATION
Data was last updated June 20, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.