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$ 4,300,000
Est. payment /mo
Active
340-342 SHAKESPEARE ST Ottawa, ON K1L 5M2
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1418437
Year Built 2023
Annual Tax Amount $19,000
Tax Year 2024
Property Sub-Type Apartment 5+ Units
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.
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
Province ON
Rooms
Basement Full
Interior
Heating Electricity
Exterior
Roof Type Asphalt Shingle
Building
Story 3
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by SOLID ROCK REALTY