$ 4,400,000
340-342 SHAKESPEARE STREET Ottawa, ON K1L5M2
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$ 4,400,000
Est. payment | /mo
$ 4,400,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS® Listing ID 1418437
Originating Board Ottawa Real Estate Board
Year Built 2023
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. (id:24570)
Location
Province ON
Interior
Heating Heat Pump
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by SOLID ROCK REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "