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:43934)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X13484640
Property Type	Multi-family
Neigbourhood	Civic Hospital - Experimental Farm - Central Park
Community Name	4504 - Civic Hospital
Amenities Near By	Public Transit, Recreation

Building

Cooling Type	Fully Air Conditioned
Heating Type	Hot Water, Forced Air
Size Exterior	4098.43 Sqft
Size Interior	4,098 Sqft
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit, Recreation
Size Depth	102 Ft ,5 In
Size Frontage	40 Ft
Size Irregular	Bldg=40 X 102.48 Ft
Size Total Text	Bldg=40 X 102.48 Ft
Zoning Description	N3b

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