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.
MLS# | X9768631 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 137 |
Listing Provided By | SOLID ROCK REALTY | X9768631 508700 |
SQ Feet | 10,800 |
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Acreage | 0.25 |
Province | ON |
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County | Ottawa |
City | Vanier and Kingsview Park |
Postal Code | K1L 5M2 |
Area | 3402 Vanier |
Listing VS Median (In K1L 5M2) | |
Price: $4,000,000 low | high Med: $4,000,000 SqFt: 10,800 low | high Med: 10,800 $ / SqFt: $370 low | high Med: $370 On site: 137 low | high Med: 137.000000 |