142 Young Street, Dows Lake - Civic Hospital and Area, ON K1Y 3P9
Dows Lake - Civic Hospital and Area, ON, K1Y 3P9 · 4504 - Civic Hospital
About this property
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.
Features & Amenities
- Garage: Outside/Surface
- Cooling: Yes
- Heat Type: Electric Hot Water
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Garage | Outside/Surface |
| Heat Type | Electric Hot Water |
| Cooling | Yes |
| Annual Tax | $15,500 |
| Tax Year | 2026 |
Building & Construction
- Building Area Total
- 4098.43
Heating & Cooling
- Heat Type
- Electric Hot Water
- Cooling
- Yes
Parking & Garage
- Garage Type
- Outside/Surface
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 102.48
- Lot Width
- 40.00
Community & Neighborhood
- Community Features
- Public Transit, Recreation/Community Centre
Financial & Tax
- Tax Annual Amount
- $15,500
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Ottawa
- Cross Street
- Fairmont Ave and Young Street
- Directions
- Fairmont Avenue to Young Street
- Showing Requirements
- List Salesperson
Location
142 Young Street, Dows Lake - Civic Hospital and Area, ON K1Y 3P9, Dows Lake - Civic Hospital and Area, ON, K1Y 3P9