340-342 SHAKESPEARE Street, Vanier And Kingsview Park, ON K1L 5M2

  • $4,000,000
  • $4,300,000
340-342 SHAKESPEARE Street, Vanier And Kingsview Park, ON K1L 5M2
  • X9768631
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 10800
  • Sqft
Active For Sale
340-342 SHAKESPEARE Street, Vanier And Kingsview Park, ON K1L 5M2
340-342 SHAKESPEARE Street, Vanier And Kingsview Park, ON K1L 5M2
  • $4,000,000
  • $4,300,000

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.

Details

MLS® Number
X9768631
Property Size
10800 Sqft
Updated on April 10, 2025 at 7:04 pm

Additional details

  • Roof: Asphalt Shingle
  • Utilities: Unknown
  • Sewer: Sanitary
  • Cooling: Yes
  • County: Ottawa
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address 340-342 SHAKESPEARE Street
  • City Vanier And Kingsview Park
  • State/county ON
  • Zip/Postal Code K1L 5M2
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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