142 Young Street
Dows Lake - Civic Hospital And Area, K1Y 3P9
FOR SALE
$2,275,000
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Investment
CATEGORY 40 x 102.48
LOT SIZE X13484640
MLSID Contact Us
Property Description
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.
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Property Details
Address
142 Young Street
Community
Postal Code
K1Y 3P9
Property Type
Investment, Investment
Use
Apartment
Zoning
N3B
Lot Size
40' x 102'
Taxes
$15,500 (2026
Heat Type
Electric Hot Water
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Exp Realty
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