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Commercial Property in Lower Town - Sandy Hill
About 218 Laurier Avenue East
Perfect for a new entrepreneur or a great addition to an already successful business portfolio, this is a fantastic opportunity to own Pizza Studio Ottawa, a well-established and popular pizza spot in the Ottawa University area. This bright, clean, and welcoming space offers charming décor, seating for 11, and an efficient layout ideal for both dine-in and takeout. Customers love the made-to-order experience, with pizzas prepared right in front of them or available for convenient call-ahead pickup. The functional kitchen is well-equipped with ample refrigeration and freezer space, and the business is efficiently run with just three employees. A full list of chattels and equipment is included (see document section).Business only sale (property not included). The flexible setup also allows for conversion to other eat-in/takeout concepts, offering excellent potential for growth. Buyers also have the option to join the franchise, providing brand support and continued growth potential. Don't miss your chance to step into your dream of entrepreneurship with this thriving business in a high-demand area.
Lower Town - Sandy Hill business priced at $169,990 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 218 Laurier Ave E
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
218 Laurier Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13885746$169,990
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 218 Laurier Ave E Compares to the Lower Town - Sandy Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Lower Town - Sandy Hill market, last 90 days
Median sold price
$532,500
Average sold price
$623,426
Average days on market
45
Homes sold
80
Closed sales on the TRREB MLS®.
Living in Lower Town - Sandy Hill: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 218 Laurier Ave E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Lower Town - Sandy Hill
Other homes for sale in Lower Town - Sandy Hill around $170K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings212Homes for sale here right now.
Median vs prior 90 days+24.4%Compared with Apr 14 – Jul 13, 2026: prices up.
Based on 80 sales from Jul 13 – Oct 11, 2026 (71 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
218 Laurier Ave E is listed at $169,990 (MLS® X13885746). Summitly updates the price as soon as the MLS® record changes.
Has the price of 218 Laurier Ave E changed?
No — 218 Laurier Ave E is still listed at its original asking price of $169,990.
How many bedrooms and bathrooms does 218 Laurier Ave E have?
The listing for 218 Laurier Ave E doesn't publish its bedroom and bathroom count. It is a commercial property in Lower Town - Sandy Hill.
Is 218 Laurier Ave E close to transit?
The nearest rapid-transit station is UOttawa Station (O-Train Line 1), about 560 m (about a 7-minute walk) in a straight line. Rideau Station is about 780 m (about a 10-minute walk), and Lees Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 218 Laurier Ave E compare with other homes in Lower Town - Sandy Hill?
Its asking price of $169,990 is about 68% below the median sold price in Lower Town - Sandy Hill over the last 90 days, $532,500, across 80 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 218 Laurier Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 218 Laurier Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 218 Laurier Ave E?
218 Laurier Ave E is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 218 Laurier Ave E been on the market?
218 Laurier Ave E was listed today (October 11, 2026).
What is the land transfer tax on 218 Laurier Ave E?
About $1,425 in Ontario land transfer tax at the asking price of $169,990. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 218 Laurier Ave E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 218 Laurier Ave E?
The listing for 218 Laurier Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lower Town - Sandy Hill.
When was 218 Laurier Ave E built?
The listing for 218 Laurier Ave E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
