245 Laurier Av E - Apartments FOR SALE


Ottawa, ON K1N 6P7- Downtown
$3,150,000 CAD
819-303-4317
245 Laurier Av E, Ottawa, ON for Sale
$3,150,000 CAD
Apartments - FOR SALE
1/24
null | 5.46% Cap Rate

245 Laurier Av E
Ottawa, ON K1N 6P7
Downtown


HIGHLIGHTS

  • 400 metres from the University of Ottawa
  • Fully Leased

OVERVIEW

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 one 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.  Price: $3,150,000.00

FOR SALE DETAILS

PRICE

$3,150,000 CAD

PRICE/SF

$359 CAD /SF

# OF UNITS

15

PRICE/UNIT

$210,000

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Laurier Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1858

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,799 SF

ZONING

CM1[2262] H(20)

APN/PARCEL ID

61402110133700

ASK ABOUT THIS PROPERTY

Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
819-303-4317

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Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
819-303-4317

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.