For Sale

340-342 SHAKESPEARE Street Unit# 340, Ottawa, Ontario K1L5M2

$4,400,000

340-342 SHAKESPEARE Street Unit# 340, Ottawa, Ontario K1L5M2 is For Sale and has a listing price of 4,400,000. The property is located in the Vanier North neighbourhood. It's been on the website for 19 Days.

  • Multi-family
    Property Type
  • 4
    Parking Spaces
  • MLS ID: 1418437
  • Office Name SOLID ROCK REALTY,SOLID ROCK REALTY
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:43137)

Property Details
  • MLS ID: 1418437
  • Price: $4,400,000
  • Transaction Types: For Sale
  • Ref ID: 27594604
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/29/2024 1418437 $4,400,000 For Sale - -
05/24/2024 X8371712 $4,650,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Vanier North
  • $870,689 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.99 % Up
  • Sold (12mo) 9
  • Rented (12mo) 12

  • 1 Month Change +23.6%
  • 3 Month Change +66.9%
  • 6 Month Change +73.1%
Walkscore
  • 89 Walk Score
    Very Walkable
  • 53 Transit Score
    Good Transit
  • 75 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    50.87%
  • Commercial
    5.61%
  • Condo
    40.81%
  • Land for Sale
    2.71%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Heating System Heat Pump
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 4
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/10/2024 00:00:00
  • Zoning Legal Basement With Second Dwelling
  • Agent Name: Ken Dekker,Yetta (Jette) Dekker
  • Last Updated: 29/10/2024 22:11:17
Open House Dates
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