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340-342 Shakespeare Street Home For Sale Ottawa, Ontario K1L 5M2

1418437

  • 340-342 Shakespeare StreetOttawa, Ontario  K1L 5M2 - Photo 1 - 1418437
  • 340-342 Shakespeare StreetOttawa, Ontario  K1L 5M2 - Photo 2 - 1418437
  • 340-342 Shakespeare StreetOttawa, Ontario  K1L 5M2 - Photo 3 - 1418437

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Heat Pump

$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. 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:34792)

Property Details

MLS® Number 1418437
Property Type Multi-family
Neigbourhood Vanier
Parking Space Total 4

Building

Constructed Date 2023
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 95 Ft
Size Frontage 66 Ft
Size Irregular 66 Ft X 95 Ft
Size Total Text 66 Ft X 95 Ft
Zoning Description R4ea

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

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