$ 4.300.000
ON Ottawa
340 342 Shakespeare Street, Ottawa, ON K1L5M2 Photo 1
3 Photos
340 342 Shakespeare Street, Ottawa, ON K1L5M2 Photo 2
340 342 Shakespeare Street, Ottawa, ON K1L5M2 Photo 3

340 342 Shakespeare Street, Ottawa

  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 6254 square feet
  • Type: Residential
  • Added: 24 days ago
  • Updated: 4 days ago
  • Last Checked: 13 hours ago
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:1945)
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Property DetailsKey information about 340 342 Shakespeare Street

  • Heating: Heat Pump, Electric
  • Stories: 3
  • Year Built: 2023
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 340 342 Shakespeare Street

  • Water Source: Municipal water
  • Parking Total: 4
  • Lot Size Dimensions: 66 ft X 95 ft

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Property Management & AssociationFind out management and association details

  • Association Name: Sleepwell -

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 340 342 Shakespeare Street

  • Tax Year: 2024
  • Parcel Number: 042320224
  • Tax Annual Amount: 19000
  • Zoning Description: R4EA

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 8
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
94
Min Price
$271,900
Max Price
$4,300,000
Avg Price
$623,591
Days on Market
54 days
Sold listings
37
Min Sold Price
$319,900
Max Sold Price
$1,099,900
Avg Sold Price
$594,232
Days until Sold
49 days

Nearby Places

Name
Type
Address
Distance
Vanier, Ontario
It no longer has a majority francophone population...
0.4 km
Desmond Smith (general)
He studied at the Royal Military College of Canada...
0.8 km
CJFO-FM
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0.9 km
Emerald Buffet
Restaurant
33 Selkirk St
1.0 km
Ottawa—Vanier
The riding generally corresponds to the wards of B...
1.1 km
Ottawa—Vanier (provincial electoral district)
The riding was represented in the Legislative Asse...
1.1 km
Cummings Bridge
The Cummings Bridge in Ottawa, constructed in 1921...
1.1 km
Place Vanier
The Building has three towers, and the major tenan...
1.2 km
Lindenlea
Its neighbouring communities are Rockcliffe Park (...
1.2 km
Cummings Island
In 1922, the city of Ottawa bought the island from...
1.2 km
Embassy of Romania, Ottawa
The Embassy of Romania in Ottawa is the diplomatic...
1.3 km
High Commission of India, Ottawa
Mr...
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Additional Information about 340 342 Shakespeare Street

This House at 340 342 Shakespeare Street Ottawa, ON with MLS Number 1418437 which includes 3 beds, 2 baths and approximately 6254 sq.ft. of living area listed on Ottawa market by Ken Dekker - SOLID ROCK REALTY at $4,300,000 24 days ago.

We have found 6 Houses that closely match the specifications of the property located at 340 342 Shakespeare Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,649,000 and 3,325,000.

The current price of the property is $4,300,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $3,612,000. This would result in a monthly mortgage payment of $20,108 over a 25-year amortization period.

More Details?
Ken Dekker
  • Ken Dekker
  • SOLID ROCK REALTY
  • 613-860-4663
  • WebSite

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