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$ 4,300,000
Est. payment | /mo
10,800 SqFt
$ 4,300,000
Est. payment | /mo
10,800 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $398
MLS Listing ID X9768631
Annual Tax Amount $19,000
Tax Year 2024
Property 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.
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.
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.
Location
State ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Zoning R4EA
Region 3402 - Vanier
City Region 3402 - Vanier
Rooms
Family Room No
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Unknown
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 95.0
Building
Foundation Concrete
Others
Security Features Unknown
Pets Allowed Unknown
Listed by SOLID ROCK REALTY