Alison Edwards Real Estate Broker

340-342 SHAKESPEARE STREET
Ottawa, Ontario K1L5M2

$4,300,000

ID# 1418437
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:25961)
Courtesy of SOLID ROCK REALTY
Listed on: October 29, 2024

On market: 23 days
Year Built 2023
Heating Type Heat Pump
Heating Fuel Electric
Stories Total 3
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1564 Scottanne Street Ottawa
1564 SCOTTANNE STREET
 $1,100,000 4 3 Ottawa Greely
2088 RICARDO STREET Ottawa
2088 RICARDO STREET
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2350 STEVENAGE DRIVE UNIT14 Ottawa
2350 STEVENAGE DRIVE UNIT14
 $499,000 - - 110 ft X 462 ft Ottawa Hunt Club Park KELLER WILLIAMS INTEGRITY REALTY
302 CITIPLACE DRIVE Ottawa
302 CITIPLACE DRIVE
 $525,000 2 2 20.34 ft X 37.86 ft Ottawa Citiplace EXIT OTTAWA VALLEY REALTY
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517 PAAKANAAK AVENUE
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