246 Laurier Avenue East Ottawa, ON K1N 6P4
Listing Courtesy of:  CREA / Re/Max Hallmark Realty Group

  246 Laurier Avenue East Ottawa, ON K1N 6P4

Active (1 Days)
$1,732,414
4,706
SQFT
See Similar Listings

Description

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:41440)

MLS®:
X12399703
Type
Multifamily
County
Ottawa

Listed By

Sean Tasse, Re/Max Hallmark Realty Group
Source
CREA
Last checked Sep 13 2025 at 2:22 PM EDT
Bathroom Details
Heating and Cooling
  • Other
  • Natural Gas
  • Fully Air Conditioned
Living Area
  • 4,706 sqft
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 9/13/25 07:22

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