31
  • X12399703
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 4706 Sqft
  • Area Size

246 Laurier E Avenue, Lower Town – Sandy Hill, ON K1N 6P4

  • $2,400,000

Description

Perfect opportunity to Owner-Occupy 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! Even better now included is the sale of the business that NETs over 100k per year (value of $300k +) 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.

Details

MLS® Number X12399703
Property Size 4706 Sqft
Updated on October 8, 2025 at 3:04 pm

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Ottawa
  • Property Type: Commercial Sale

Address

  • Address: 246 Laurier E Avenue
  • City: Lower Town - Sandy Hill
  • State/county: ON
  • Zip/Postal Code: K1N 6P4
  • Country: CA

Contact Information

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