For Sale Multi-Family

142 Young Street

$2,275,000
Ottawa, Ontario K1Y 3P9 MLS® X13484640
4,098 sqft Interior
Bldg=40 X 102.48 Ft Lot size
Fully Air Conditioned Hot Water, Forced Air

About this home

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:28469)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13484640
Property Type
Multi-family
Neighbourhood
Civic Hospital
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

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

142 Young Street, Ottawa, Ontario K1Y 3P9  ·  Get directions