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142 Young Street Ottawa, Ontario K1Y 3P9

4098 sqft
Fully Air Conditioned Hot Water, Forced Air

$2,275,000

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. (id:59524)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13484640
Property Type Multi-family
Neigbourhood Civic Hospital
Community Name 4504 - Civic Hospital
AmenitiesNearBy Public Transit, Recreation

Building

CoolingType Fully Air Conditioned
HeatingType Hot Water, Forced Air
SizeExterior 4098.43 Sqft
SizeInterior 4098 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Recreation
SizeDepth 102 Ft ,5 In
SizeFrontage 40 Ft
SizeIrregular Bldg=40 X 102.48 Ft
SizeTotalText Bldg=40 X 102.48 Ft
ZoningDescription N3b

https://www.realtor.ca/real-estate/29947871/142-young-street-ottawa-4504-civic-hospital

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