Laurier Apartments | 245 Laurier Av E
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Laurier Apartments 245 Laurier Av E
15 Unit Apartment Building $3,750,000 CAD ($250,000 CAD/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
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 | $3,750,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $250,000 CAD | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.59% | Building Size | 3,900 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1858 |
| Price | $3,750,000 CAD |
| Price Per Unit | $250,000 CAD |
| 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 |
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
zoning
| Zoning Code | LC1[2262] |
| LC1[2262] |
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Laurier Apartments | 245 Laurier Av E
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