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$2,399,900
Ontario,Ottawa
For Sale Active
244-246 LAURIER AVENUE E, Ottawa, Ontario K1N6P4
  • 4,706 Sqft
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Basic Details
Description

BEST VALUE IN OTTAWA, BUY A WHOLE BUILDING AND MAKE TONS OF MONEY WITH THIS CASH COW! Perfect opportunity to Owner-Occupy 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 TEN THOUSAND DOLLARS/MONTH from day 1! Even better now because included is the sale of the business that NETs over 100k per year (VALUE of $300k +) 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 6.7% 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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12453921
  • Price: $2,399,900
  • Square Footage: 4,706 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 278197
Features & Appliances
Features
  • Heating System: Other, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Ottawa, K1N6P4
  • Street: Laurier
  • Street Number: 244-246
  • Street Suffix: Avenue
  • Longitude: W76° 19' 4.4''
  • Latitude: N45° 25' 19''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=62 x 71 FT
Financial
  • Tax Annual Amount: 22206
Powered by REALTOR.ca
Listing updated: 2025-10-18 09:43:46
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Listing Information
  • List Agent Key: 1956023
  • List Office Key: 278197
  • Modification Timestamp: 2025-10-09T16:10:55Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-10-09T15:56:00Z
Powered by REALTOR.ca
Listing updated: 2025-10-18 09:43:46

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