246 Laurier Avenue E, Ottawa

Cooling: Fully air conditioned
Heating: Natural gas Other
Structure Type: Residential Commercial Mix

Living area: 4706 square feet
Type: Commercial
Added: 2 weeks ago
Updated: 2 weeks ago
Last Checked: 10 hours ago
Listed by: RE/MAX HALLMARK REALTY GROUP
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Listing description
This Commercial listing at 246 Laurier Avenue E Ottawa, ON with the MLS Number x12352123 listed by Sean Tasse - RE/MAX HALLMARK REALTY GROUP on the Ottawa market 2 weeks ago at $2,499,000.

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 6.4% 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:1945)

Property Details Key information about 246 Laurier Avenue E