340-342 SHAKESPEARE Ottawa, Ontario K1L5M2, Ottawa , K1L5M2
Listing ID: 1418437
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$4,300,000
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Built: 2023
Listed: 1 month ago
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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:26452)

Other located at 340-342 SHAKESPEARE Ottawa, Ontario K1L5M2. The property was built in 2023. 340-342 SHAKESPEARE Ottawa, Ontario K1L5M2 is in the Ottawa neighborhood. Pineview, The Glebe, and Findlay Creek are nearby neighbourhoods.
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Listed by: KELLER WILLIAMS SOLID ROCK REALTY SOLID ROCK REALTY
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KD
Ken Dekker
(613) 860-4663

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KD
Ken Dekker
(613) 860-4663
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment