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340-342 Shakespeare Street Ottawa, Ontario K1L 5M2

10800 sqft
Fully Air Conditioned Forced Air

$4,300,000

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:39840)

Property Details

MLS® Number X9768631
Property Type Multi-family
Neigbourhood Vanier
Community Name 3402 - Vanier
AmenitiesNearBy Public Transit
ParkingSpaceTotal 4

Building

CoolingType Fully Air Conditioned
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Electric
HeatingType Forced Air
SizeInterior 10800 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 95 Ft
SizeFrontage 66 Ft
SizeIrregular Unit=66 X 95 Ft ; 0
SizeTotalText Unit=66 X 95 Ft ; 0
ZoningDescription R4ea

https://www.realtor.ca/real-estate/27594604/340-342-shakespeare-street-ottawa-3402-vanier

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