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244-246 Laurier Avenue E Ottawa, Ontario K1N 6P4

4,706 ft2
Fully Air Conditioned Other

$2,399,900

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:37351)

Property Details

MLS® Number X12453921
Property Type Retail
Community Name 4004 - Sandy Hill

Building

Appliances Freezer, Hood Fan, Washer
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 4706 Sqft
SizeInterior 4,706 Ft2
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 71 Ft
SizeFrontage 62 Ft
SizeIrregular Bldg=62 X 71 Ft
SizeTotalText Bldg=62 X 71 Ft
ZoningDescription R4s[480], Lc1[2262]

https://www.realtor.ca/real-estate/28970784/244-246-laurier-avenue-e-ottawa-4004-sandy-hill

Contact Us

Contact us for more information


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Sean Tasse
Broker

(613) 314-3187

RE/MAX Hallmark Realty Group
610 Bronson Avenue
Ottawa, Ontario K1S 4E6

(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/

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