245 Laurier Avenue
Lower Town - Sandy Hill, ON
- 8,775 sqft
- Investment
- 79 days on market
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 a 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.
Listing Details
- Taxes (2026)
- $26,172
- Listed
- June 19, 2026
Price History
Property
- Lot Size
- 66 x 87.42 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Laurier Avenue East & Nelson Street
- Zoning
- CM1[2262] H(20)
- Parcel Number
- 042110257
- Possession
- Other
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 13 To 20 Units
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $478,000
- Homes sold
- 219
- Median days on market
- 33
- Sale-to-list price
- 96.7%
Based on 219 recorded sales of commercial properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
DISTRICT REALTY CORPORATION
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 8,775 sq ft
- Price per sq ft
- $358.97
- Annual property tax
- $26,172
- Tax per sq ft
- $2.98
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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