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. |
Price | $3,750,000 |
Taxes: | $25964.98 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 245 Laurier Ave East , Lower Town - Sandy Hill, K1N 6P7, Ontario |
Postal Code: | K1N 6P7 |
Province/State: | Ontario |
Legal Description: | PT LT 19, PL 6 , N/S LAURIER AV, AS IN C |
Lot Size: | 65.96 x 87.39 (Feet) |
Directions/Cross Streets: | Nelson Street |
Category: | Apartment |
Use: | Apts-13 To 20 Units |
Building Percentage: | Y |
Total Area: | 3900.00 |
Total Area Code: | Sq Ft |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
DISTRICT REALTY CORPORATION |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Lower Town - Sandy Hill |
Neighbourhood: | 4003 - Sandy Hill |
Lot Size: | 65.96 x 87.39(Feet) |
Tax: | $25,964.98 |