For sale
Multi-Family

340-342 Shakespeare Street

$4,000,000
Ottawa, Ontario, K1L 5M2

Overview

  • Updated On:
  • April 01 2025
  • MLS® Number
  • X9768631

Description

Welcome to 340-342 Shakespeare! This newly built 8 unit income property consists of 2 fourplexes each with four 3 bedroom, 2 bathroom units in a prime Vanier location, being close to all amenities, public transit and recreation. Still room for increased rents. Rent control does not apply to this building. Hi-end finishings and quality appliances. Letter of interest from a lender under the MLI System for 3.9 million of financing at a preferred rate.\r\nQuick closing is available and preferred. Less then one year from occupancy so new construction works under the MLI. If not using the MLI Select the affordable rent could be increased. Should qualify for efficiency points as the insulation including under the basement slab is excellent and heated with high efficiency ducted heat pumps with electric backup. What a fantastic property to add to or start your investment portfolio. (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Multi-Family
Neighbourhood: Vanier
Cooling & Heating
Electric
Forced air
Fully air conditioned
ExteriorFinish
Brick
$ 20,508.79
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 15,508.79
Size
SizeInterior: 10800 sqft
Construction
FoundationType: Concrete
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Public Transit
Sewer: Sanitary Sewer
SizeDepth: 95 Ft
SizeFrontage: 66 Ft
SizeIrregular: 66 X 95 Ft ; 0
SizeTotalText: 66 X 95 Ft ; 0
ZoningDescription: R4ea
  • Your Favourites

     

    No Favourites Found

     

  • Search

Compare Listings