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Home ON Ottawa - Gatineau Ottawa Vanier Vanier North
340-342 SHAKESPEARE STREET
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340-342 SHAKESPEARE STREET $4,300,000
$4,300,000
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340-342 SHAKESPEARE STREET
Ottawa, Ontario K1L5M2

MLS® Number: X9768631

Listing 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. (37363235)

Location Description

Starting from Vanier Parkway, turn right onto Montreal Road, left onto Granville Street, left onto Shakespeare Street.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
3402 - Vanier
Land Size
Unit=66 x 95 FT ; 0
Annual Property Taxes
$19,000
Total Parking Spaces
4
Time on REALTOR.ca
35 days

Building

Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
4

Measurements

Square Footage
10800 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
95 ft
Other Property Information
Zoning Description
R4EA
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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