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Laurier Apartments 245 Laurier Av E 15 Unit Apartment Building $3,150,000 CAD ($210,000 CAD/Unit) 5.46% Cap Rate Ottawa, ON K1N 6P7
Investment Highlights
- 400 metres from the University of Ottawa
- Fully Leased
Executive Summary
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
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
Property Facts
| Price | $3,150,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $210,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 5.46% | Building Size | 8,775 SF |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1858 |
| Property Subtype | Apartment | ||
| Zoning | CM1[2262] H(20) | ||
| Price | $3,150,000 CAD |
| Price Per Unit | $210,000 CAD |
| Sale Type | Investment |
| Cap Rate | 5.46% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,775 SF |
| No. Stories | 3 |
| Year Built | 1858 |
| Zoning | CM1[2262] H(20) |
Amenities
Unit Amenities
- Cable Ready
- Disposal
- Microwave
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Curbside
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | - | 229 - 272 |
| 4+2 | 1 | - | 1,100 |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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Laurier Apartments | 245 Laurier Av E
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