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$1
Available - For Sale
Listing ID: X13468880
Unpriced, please inquire. The Seller reserves the right to review and consider offers at its sole discretion and is under no obligation to accept or respond to any offer. 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 a 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 $1
Taxes: $26,172
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 245 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P7, Ottawa
Postal Code: K1N 6P7
Province/State: Ottawa
Legal Description: PT LT 19, PL 6 , N/S LAURIER AV, AS IN C
Directions/Cross Streets: Laurier Avenue East & Nelson Street
No. of Pieces Level
Washroom 1:  0
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Washroom 64:  0
Washroom 65:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 8,775
Total Area Code:  Square Feet
 Management Expense: 10975
Maintenance: 0
Water Expense: $5521
Vacancy Allowance: 2608
Net Income Before Debt: $170025
Expenses Actual/Estimated: $Act
Heat Type: Baseboard
Central Air Conditioning: Yes
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Down payment: $  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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DISTRICT REALTY CORPORATION

245 Laurier Avenue East , Lower Town - Sandy Hill, K1N 6P7, Ottawa

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4003 - Sandy Hill
Style:
Lot Size: x 87.42(Feet)
Approximate Age:
Tax: $26,172
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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