Apartment buildings for sale in Ottawa
238 Laurier Avenue E, Lower Town - Sandy Hill
6 to 12 units
Listed by DISTRICT REALTY CORPORATION
Updated July 24, 2026
$3,800,000
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Details from the listing
| Property taxes | $24,729 (2025) |
| Lot size | 55.2 × 62.9 ft |
| Total area | 5,524 sq. ft. |
| Occupancy | Tenant |
| Heat | Gas Forced Air Closed |
From the listing
238 Laurier Avenue East presents a rare opportunity to acquire a fully renovated mixed-use investment property in the heart of Ottawa's highly sought-after Sandy Hill neighbourhood. The asset comprises six fully furnished residential apartments and two established ground-floor retail units, creating a diversified income stream supported by a strong mix of residential and commercial tenancy. Thoughtfully modernized while preserving its historic character, the property offers investors a turnkey asset with minimal near-term capital requirements. The residential component features four one-bedroom and two bachelor suites designed to appeal to students, young professionals, and urban renters, while the commercial units benefit from strong street presence and shared lower-level amenities including storage, washrooms, and freezer space. Together, the property's balanced tenancy profile and strategic mixed-use configuration provide a compelling long-term investment opportunity in one of Ottawa's most resilient rental markets.
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Listings refreshed September 21, 2026 at 6:47 p.m. ET