Ottawa, ON K1L5M2,340-342 SHAKESPEARE STREET
Ottawa, ON K1L5M2,340-342 SHAKESPEARE STREET
Ottawa, ON K1L5M2,340-342 SHAKESPEARE STREET
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$ 4,300,000
Est. payment | /mo

10,800 SqFt


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$ 4,300,000
Est. payment | /mo
Save

10,800 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $398

Subdivision 3402 - Vanier

MLS® Listing ID X9768631

Originating Board Ottawa Real Estate Board

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.\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:24570)

Location

State ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Sewer Sanitary sewer

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340-342 SHAKESPEARE STREET