New Listing
$4,400,000
 $23,620 est/mo Sourced by Back At You

340-342 Shakespeare Street , Ottawa, ON K1L5M2

Ottawa, ON K1L5M2

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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:374)

Details

MLS#1418437
Listing TypeFor Sale
StatusActive
Year2023
Days On Site6
Listing Provided BySOLID ROCK REALTY | Ken Dekker

Features

Story(s)3
Units8
ZoningR4EA
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

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Listings Checked: 37 seconds ago
ProvinceON
CityOttawa
Postal CodeK1L5M2
Listing VS Median (in K1L5M2)
Price:
$4,400,000
low | high
Med:
$0
On Site:
6
low | high
Med:
Sourced by Back At You
Listing Updated: October 29, 2024 at 11:47:04 PM PDT