ON > Vanier And Kingsview Park > 3402 - Vanier
Vanier And Kingsview Park, ON K1L 5M2,340-342 SHAKESPEARE ST
Vanier And Kingsview Park, ON K1L 5M2,340-342 SHAKESPEARE ST
Vanier And Kingsview Park, ON K1L 5M2,340-342 SHAKESPEARE ST
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Sepehr Safaee

Sepehr Safaee

+1(613) 769-9302
$ 4,000,000
Est. payment | /mo

10,800 SqFt

Save
$ 4,000,000
Est. payment | /mo
Save

10,800 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $370

Subdivision 3402 - Vanier

MLS Listing ID X9768631

Annual Tax Amount $19,000

Tax Year 2024

Property Sub-Type Investment

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.

Location

State ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Rooms

Family Room No

Interior

Cooling Yes

Heat Source Electric

Exterior

Community Features Public Transit

Utilities Available Unknown

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 95.0

Building

Story 3

Foundation Concrete

Others

Security Features Unknown

Pets Allowed Unknown

Listed by SOLID ROCK REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 769-9302

sepehr@yourottawarealestate.com

2148 Carling Ave suite 5& 6, Ottawa, ON, K2A 1H1, CAN

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340-342 SHAKESPEARE ST