246 Laurier Avenue E Ottawa, Ontario K1N 6P4
$2,550,000
Tired of residential tenants? Invest in a well-maintained multi-purpose building with strong anchor tenants in one of Ottawas premier rental markets - Sandy Hill. This cornerstone opportunity can be the one that carries your entire portfolio, because the owner is able to offer a favourable VTB for qualified borrowers. With 20% down you can cashflow over $2000/month from day 1! This standalone building offers the main floor and basement restaurant / bar with over 3100 sq ft, as well as two 2-bedroom units totalling approx. 1560 sq ft. on the upper floors. NOI approx. 161k, which is a 6.3% CAP rate, which is almost impossible to beat in this area right now. Parking for up to 4 vehicles. Situated close to the Rideau Centre, U of O, Adawe Bridge, Access to 417, 48 hours notice for all showings, and 48 hours notice for all offers. (id:39840)
Business
| Name | Nelson Pub & Eatery |
Property Details
| MLS® Number | X12318090 |
| Property Type | Retail |
| Community Name | 4004 - Sandy Hill |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 4706 Sqft |
| Size Interior | 4,706 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 71 Ft |
| Size Frontage | 62 Ft |
| Size Irregular | Bldg=62 X 71 Ft |
| Size Total Text | Bldg=62 X 71 Ft |
| Zoning Description | R4s[480], Lc1[2262] |
https://www.realtor.ca/real-estate/28676197/246-laurier-avenue-e-ottawa-4004-sandy-hill
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 01 2025 04:55:29
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group