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340-342 Shakespeare Street Ottawa, Ontario K1L 5M2

Heat Pump

$4,400,000

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:37553)

Property Details

MLS® Number 1418437
Property Type Multi-family
Neigbourhood Vanier
ParkingSpaceTotal 4

Building

ConstructedDate 2023
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 3
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 95 Ft
SizeFrontage 66 Ft
SizeIrregular 66 Ft X 95 Ft
SizeTotalText 66 Ft X 95 Ft
ZoningDescription R4ea

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