142 Young Street
Dows Lake - Civic Hospital and Area, ON K1Y 3P9
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13001070
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$12,208
/month · $2,000,000 mortgage
Amortization
Total Interest
$1,662,349
Total Cost
$3,662,349
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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