Jag Patel
Broker
$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. 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. *Some images have been digitally enhanced for illustrative purposes only. |
| 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 |
| 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. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| 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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