$2,275,000
Available - For Sale
Listing ID: X13484640
142 Young Street , Dows Lake - Civic Hospital and Area, K1Y 3P9, Ottawa
| Exceptional opportunity to own a FULLY LEASED, fully redeveloped 6-unit property in the heart of Hintonburg, one of Ottawa's most vibrant and walkable neighbourhoods, steps to Wellington West, Preston Street, and the LRT. A turnkey, fully leased multifamily property generating approximately $150,000 in annual gross revenue, delivering immediate and predictable cash flow. The property is eligible CMHC MLI Select financing, enabling qualified purchasers to acquire the asset with approximately $535,000 down and benefit from attractive leverage, enhanced cash-on-cash returns, and long-term appreciation potential. Completely REBUILT FROM THE STUDS, this property retains its character brick exterior while delivering a modern, efficient, low-maintenance asset designed for long-term ownership.Each unit features a private exterior entrance, offering a level of privacy and independence rarely found in multifamily properties. Interiors are thoughtfully designed with quartz countertops, custom cabinetry, tiled bathrooms with glass showers, dimmable pot lighting, in-unit laundry, and INDIVIDUAL temperature control. Large windows throughout-including in lower-level units-create bright, comfortable living spaces. Full offering package available upon request. |
| Price | $2,275,000 |
| Taxes: | $15500.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 142 Young Street , Dows Lake - Civic Hospital and Area, K1Y 3P9, Ottawa |
| Postal Code: | K1Y 3P9 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Fairmont Ave and Young Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4098.43 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Washrooms: | 0 |
| Heat Type: | Electric Hot Water |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Dows Lake - Civic Hospital and Area |
| Neighbourhood: | 4504 - Civic Hospital |
| Tax: | $15,500 |
| Fireplace: | N |
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