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142 Young Street, Dows Lake - Civic Hospital and Area, ON K1Y 3P9
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142 Young Street, Dows Lake - Civic Hospital and Area, ON K1Y 3P9
Dows Lake - Civic Hospital and Area , K1Y 3P9
$2,275,000.00
4098.43 Square Feet Commercial
Property Details
MLS Number X13484640
Property Type Commercial
City Dows Lake - Civic Hospital and Area
City Region 4504 - Civic Hospital
Postal Code K1Y 3P9
Cross Street Fairmont Ave and Young Street
Street Number 142
Street Name Young
Lot Width 40 ft
Lot Depth 102.48 ft
Building Area 4098.43 Square Feet
Annual Tax $15,500.00
Utilities Yes
Occupant Type Tenant
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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