340-342 Shakespeare Street Ottawa, Ontario K1L 5M2

10,800 ft2
Fully Air Conditioned Forced Air

$4,300,000

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:48414)

Property Details

MLS® Number X9768631
Property Type Multi-family
Neigbourhood Vanier
Community Name 3402 - Vanier
Amenities Near By Public Transit
Parking Space Total 4

Building

Cooling Type Fully Air Conditioned
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Electric
Heating Type Forced Air
Size Interior 10,800 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 95 Ft
Size Frontage 66 Ft
Size Irregular Unit=66 X 95 Ft ; 0
Size Total Text Unit=66 X 95 Ft ; 0
Zoning Description R4ea

https://www.realtor.ca/real-estate/27594604/340-342-shakespeare-street-ottawa-3402-vanier