Mirna Botros
613-600-2626244 246 Laurier Avenue - $2,399,900
244 246 Laurier Avenue - $2,399,900
244 246 Laurier Avenue
$2,399,900
4004 - Sandy Hill
Ottawa, OntarioK1N6P4
0 beds
0 baths
null parking
MLS#: X12453921Listed: about 1 month agoUpdated:27 days ago
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:58075)Details
Details for 244 246 Laurier Avenue, Ottawa, Ontario- Property Type
- Retail
- Building Type
- Residential Commercial Mix
- Storeys
- -
- Neighborhood
- 4004 - Sandy Hill
- Land Size
- Bldg=62 x 71 FT
- Year Built
- -
- Annual Property Taxes
- $22,206
- Parking Type
- -
Inside
- Appliances
- Washer, Freezer, Hood Fan
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Located at the corner of Laurier Avenue East and Nelson Street.
- Type of Dwelling
- residential_commercial_mix
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=62 x 71 FT
- Zoning
- -
- Zoning Description
- R4S[480], LC1[2262]
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- Fully air conditioned
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 244 246 Laurier Avenue, Ottawa, OntarioMap
Mirna Botros Realtor | mirnabotros.comCopyright 2025