142 Young Street, Ottawa, Ontario K1Y 3P9

Listed for:
$2,275,000
0 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 142 Young Street, Ottawa, Ontario K1Y 3P9

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About

Cross Streets: Fairmont Ave and Young Street. ** Directions: Fairmont Avenue to Young Street. 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:27476)

Property Highlights

MLS® Number
X13484640
Type
Multi-family
Community Name
4504 - Civic Hospital
Land Size
Bldg=40 x 102.48 FT

Building

Building Type
Multi-Family
Square Footage
4098 sqft
Amenities
Public Transit, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot Water, Forced air
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X13484640
Agent:
Liam Swords
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