142 Young Street Ottawa, Ontario K1Y 3P9
$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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