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Laurier Apartments 245 Laurier Av E

15 Unit Apartment Building $2,645,559 USD ($176,371 USD/Unit) 4.59% Cap Rate Ottawa, ON K1N 6P7

Executive Summary

This exceptional multi-family building is located in Sandy Hill, a charming and historic neighborhood in downtown Ottawa. The property features 14 bachelor units and one spacious four-bedroom apartment. Situated just 400 metres from the University of Ottawa, it benefits from a steady demand for rentals from students and professionals alike.
Residents will enjoy a prime location within walking distance of restaurants, museums, parks, and the lively ByWard Market. Essential amenities, including grocery stores, LCBO, Shoppers Drug Mart, Anytime Fitness, and Starbucks, are all just a short walk away. This property offers investors a rare chance to secure consistent, stable, and long-term cash flow in one of Ottawa's most desirable areas.
Interior photos available by request.
Showings can be arranged with 48 hours of notice. Call Charles: 613-759-8383

Property Facts

Price $2,645,559 USD
Price Per Unit $176,371 USD
Sale Type Investment
Cap Rate 4.59%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 3,900 SF
No. Stories 3
Year Built 1858

Unit Amenities

  • Cable Ready
  • Microwave
  • Hardwood Floors
  • Refrigerator

Site Amenities

  • Laundry Facilities
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 14 - 229
4+2 1 - 1,100
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code LC1[2262]
LC1[2262]
  • Listing ID: 34083629

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 245 Laurier Av E, Ottawa, ON K1N 6P7

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