245 Laurier Ave. East, Ottawa

ADDRESS:245 Laurier Avenue East, Ottawa, ON
PROPERTY TYPE:Multi-family
LOCATION:Central
ZONINGCM1[2262] H(20)

Building and Area Highlights

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 one 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. 

Price: $3,150,000.00

Highlights

  • Fully leased, 15 unit multi-family property
  • 14x bachelor units and 1x 4-bedroom unit
  • 400 metres from the University of Ottawa
  • Laundry facilities on-site
  • Long-term stable investment property
  • Rents meaningfully below market across all unit types, offering organic upside through turnover

Area Highlights

  • Charming historical downtown location
  • Steps to all amenities including groceries, pharmacy, fitness centres, coffee shops and more
  • Close to the Rideau Centre, the Byward Market, theatres, museums, and nightlife
  • Easy access to public transit and HWY 417
  • Population of about 73,270 within a 2 km radius

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