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340-342 Shakespeare Street

Shakespeare St, East End, Ottawa, ON, K1L 5M2

-
Beds
-
Baths
$4,400,000
List Price
Details
Photos
3
Comparables
History
340-342 Shakespeare Street, Ottawa, ON - 1 of 3
340-342 Shakespeare Street, Ottawa, ON - 2 of 3
340-342 Shakespeare Street, Ottawa, ON - 3 of 3
New
7 days on market

Quick Summary

  • Newly built 8-unit income property
  • Prime Vanier location near amenities
  • Potential for increased rents
  • High-end finishings and appliances
  • Preferred financing rate available
  • Quick closing opportunity
  • Excellent insulation and efficient heating
  • Ideal investment property

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... Show More

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. Quick 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:54626)

Property Details

Parking

4 Parking Spaces
-

Lot

Size
792′0″ * 1139′12″
Acres
-

Build

Year Built
2023
Model Name
-
Basement
-
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1418437
Last Updated
October 29, 2024
Brokerage
SOLID ROCK REALTY
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