340-342 SHAKESPEARE STREET

Ottawa, Ontario, K1L5M2, Canada

$4,300,000

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.rnQuick 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.

Last updated on : Thursday 28th of November 2024 10:04:23 AM

ADDRESS

Street : 340-342 SHAKESPEARE STREET

City : Ottawa

Province : Ontario

Country : Canada

Postal Code : K1L5M2

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PROPERTY SUMMARY

Property ID : X9768631

Building Type : Multi-Family

Property Type : Multi-family

Parking : 4

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