327-329 SHAKESPEARE STREET Active

Ottawa,ON K1L5M1

$ 1299000

11 Beds

5 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision 3402 - Vanier

MLS Listing ID X12130394

Bedrooms 11

Source Ottawa Real Estate Board

Property Description

SUPER Well maintained and TURN KEY, FIRE RETROFITTED, in Surging gentrification neighborhood, 5 Unit building ,Legal 4 plex with accessory apartment, many upgrades (see attachment) ,327 has three 2 bedroom apts and 329 has one 2 bedroom and one large 3 bedroom on 2 levels, (main and basement). Basement of this unit has the potential of converting into a bachelor or studio for increased income. Buyer to verify feasiblity, 4 car garage/ carport in backyard. Front and back access to the building, back has very convenient and nice closed in staircase for extra storage (2016),and gives access to all apartments and common area, repaved driveway(2016) gardens and landscaping recently redone. Each tenant pays for the following utilities, hydro, and HWT(rental and gas) Landlord pays for heat (except basement unit) water and hydro for commom spaces. Landlord office in basement and common area for laundry accessible to all units. Coin operated washer and dryer. Total income from rent and laundry=$90,827K (2025) . Expenses=$19,499, NOI =$71,328 taxes= $8,776 Insurance= $6,075, utilities for common space(water and heating)=$2,412. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings. ONLY 2 UNITS AVAILABLE FOR SHOWINGS UNTIL THERE IS AN ACCEPTED OFFER. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Wall unit

Exterior

Parking Features Yes

Fence Fully Fenced

Community Features Community Centre,School Bus

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

Others

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