$2,500,000
Available - For Sale
Listing ID: X13001070
142 Young Street , Dows Lake - Civic Hospital and Area, K1Y 3P9, Ottawa
| FULLY LEASED 6-unit investment generating $150,000 annually in the heart of Hintonburg, one of Ottawa's most vibrant and walkable neighbourhoods. Offering IMMEDIATE STABLE INCOME, this exceptional property has been completely rebuilt from the studs, seamlessly blending its classic brick exterior with modern construction, efficiency, and low-maintenance design-ideal for long-term investors. Each self-contained unit features a PRIVATE ENTRANCE, offering a rare level of privacy and independence for tenants. Each unit has its OWN electrical meter and INDIVIDUAL thermostat, allowing for separate utility use and temperature control. Interiors are finished with quality craftsmanship, including quartz countertops, custom cabinetry, tiled bathrooms with glass showers, dimmable pot lighting, in-unit laundry, and individual temperature controls. Large windows throughout-including in lower-level units-fill the spaces with natural light, creating bright and comfortable living environments. Designed with energy efficiency in mind, the property qualifies for CMHC MLI Select financing, enhancing its investment appeal. Situated just steps from Wellington West, Preston Street, and the LRT, this is a RARE OPPORTUNITY to own a fully stabilized asset in one of Ottawa's most vibrant urban communities. Complete offering package available upon request. |
| Price | $2,500,000 |
| Taxes: | $15500.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 142 Young Street , Dows Lake - Civic Hospital and Area, K1Y 3P9, Ottawa |
| Postal Code: | K1Y 3P9 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Fairmont Ave/Young Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4098.43 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Chattels: | F |
| Franchise: | F |
| Management Expense: | 9000 |
| Water Expense: | $1200 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Dows Lake - Civic Hospital and Area |
| Neighbourhood: | 4504 - Civic Hospital |
| Tax: | $15,500 |
| Fireplace: | N |
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