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340 Shakespeare St

Shakespeare StEast EndOttawaON, K1L 5M2

3
Beds
2
Baths
-
$XXX,XXX
340 Shakespeare St, Ottawa, ON - 1 of 3
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340 Shakespeare St, Ottawa, ON - 2 of 3
340 Shakespeare St, Ottawa, ON - 3 of 3

Attention Builders, PERMIT APPROVED INFILL DEVELOPMENT you've been waiting for...two side by side SEVERED LOTS to BUILD 2X 4 STOREY MULTI-UNITS with CITY PERMIT READY for PICK UP in R4UA zoning. EACH BUILDING is on a 33'X95' SEVERED LOT. It's CLOSE TO BEECHWOOD, OTTAWA GENERAL HOSPITAL, St.Laurent & Trainyards Shopping Centre, University...

Attention Builders, PERMIT APPROVED INFILL DEVELOPMENT you've been waiting for...two side by side SEVERED LOTS to BUILD 2X 4 STOREY MULTI-UNITS with CITY PERMIT READY for PICK UP in R4UA zoning. EACH BUILDING is on a 33'X95' SEVERED LOT. It's CLOSE TO BEECHWOOD, OTTAWA GENERAL HOSPITAL, St.Laurent & Trainyards Shopping Centre, University of Ottawa, SOME TOP NOTCH SCHOOLS & so much more. It features 2X 4 storey building; total 6X 3 bedroom units (6X$2200). There is POTENTIAL FOR FUTURE 4th UNIT in each building w/ the rough-ins already in the plan. The open concept design, 2 full baths including an ensuite, balcony and in-suite laundry, its' proximity to transit and its' LOCATION WILL ATTRACT HIGH-QUALITY TENANTS AND RENTAL INCOME. NO CARRYING COSTS, NO SEVERANCE COSTS, just pay the development charges; pick up the building and the demolition permit & start building. THE PROJECTED PROFIT ON EACH BUILDING IS 600-700K (37% ROI). WOW, IT CAN'T GET BETTER THAN THIS! Call Today!

Property Details

Size

Sq. Ft. Not Available
13 total rooms
3 Beds
3 Above Grade
2 Baths
2 Full

Parking

6 Parking Spaces
-

Lot

Size
66′ * 95′
Acres
-

Rooms

Living Rm

11′2″ x 18′2″

Dining Rm

7′9″ x 12′

Kitchen

7′9″ x 12′8″

Foyer

4′2″ x 5′

Mud Rm

10′3″ x 14′2″

Primary Bedrm

11′3″ x 14′2″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2021-01-01
Property Tax Amount
$3,868

Source

Listing Brokerage

MLS® Listing
1283778
Last Updated
April 14, 2023
Brokerage
KELLER WILLIAMS INTEGRITY REALTY
Call us 800-591-0566

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340 Shakespeare St, Ottawa, ON
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