340-342 SHAKESPEARE Street, Vanier and Kingsview Park | Image 1

340-342 SHAKESPEARE Street

Vanier and Kingsview Park, 3402 - Vanier

  • Commercial

$4,000,000
For Sale

Added 4 months ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R4EA

  • Age: No Data

  • Taxes: 19000

  • MLS®#: X9768631

  • Days on Site: 127 Days

  • Added: Oct 29, 2024 (4 months ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: SOLID ROCK REALTY

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.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Vanier and Kingsview Park

  • Community: 3402 - Vanier

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LTS 290 & 291, PL 246 ; OTTAWA

  • Taxes: $19,000

  • Expenses: Act

  • Insurance Fee: 7740

  • Tax Year: 2024

  • Water Fees: 4200

Land

  • Cross Street: Starting from Vanier

  • Municipality District: Vanier and Kingsview Park

  • Parcel Number: 042320224

  • Sewer: Sanitary

  • Lot Depth: 95 Feet

  • Lot Frontage: 66 Feet

  • Zoning: R4EA

Commercial Specific

  • Total Area: 10800

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Gross Income/Sales: 250200

Map of 340-342 SHAKESPEARE Street, Vanier and Kingsview Park
JK-6

Assumption Catholic Elementary School

Elementary: Catholic
0.58 km
JK-6

École élémentaire publique Mauril-Bélanger

Elementary: Public
1.11 km
JK-6

Robert E. Wilson Public School

Elementary: Public
0.88 km
JK-8

Queen Elizabeth Public School

Elementary: Public
1.01 km
JK-6

École élémentaire catholique Horizon-Jeunesse

Elementary: Catholic
0.84 km
JK-6

Manor Park Public School

Elementary: Public
1.20 km
9-12

École secondaire catholique Centre professionnel et technique Minto

Secondary: Catholic
1.83 km
9-12

Ottawa Technical Secondary School

Secondary: Public
1.44 km
9-12

Immaculata High School

Secondary: Catholic
3.73 km
9-12

École secondaire catholique Collège catholique Samuel-Genest

Secondary: Catholic
2.18 km
9-12

École secondaire publique De La Salle

Secondary: Public
2.23 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
3.21 km
5 BLACKBURN Avenue, Lower Town - Sandy Hill | MLS: X9518904
For Sale
6 months ago
$4,500,000
  • 0 bath
  • 0 bed

5 BLACKBURN Avenue, Lower Town - Sandy Hill, Ontario • K1N 8A2 • 4004 - Sandy Hill

105 VACHON Avenue, Vanier and Kingsview Park | MLS: X9516311
For Sale
8 months ago
$4,795,000
  • 0 bath
  • 0 bed

105 VACHON Avenue, Vanier and Kingsview Park, Ontario • K1L 5S7 • 3402 - Vanier

185 HENDERSON Avenue, Lower Town - Sandy Hill | MLS: X9516454
For Sale
9 months ago
$3,150,000
  • 0 bath
  • 0 bed

185 HENDERSON Avenue, Lower Town - Sandy Hill, Ontario • K1N 7P7 • 4004 - Sandy Hill

122 CLARENCE Street, Lower Town - Sandy Hill | MLS: X10419126
For Sale
4 months ago
$4,800,000
  • 0 bath
  • 0 bed

122 CLARENCE Street, Lower Town - Sandy Hill, Ontario • K1N 5P5 • 4001 - Lower Town/Byward Market

4 RANGE Road, Lower Town - Sandy Hill | MLS: X10707852
For Sale
4 months ago
$3,725,000
  • 0 bath
  • 0 bed

4 RANGE Road, Lower Town - Sandy Hill, Ontario • K1N 6R4 • 4004 - Sandy Hill

196 Beechwood Avenue, Vanier and Kingsview Park | MLS: X11909668
For Sale
2 months ago
$4,898,000
  • 0 bath
  • 0 bed

196 Beechwood Avenue, Vanier and Kingsview Park, Ontario • K1L 8A9 • 3401 - Kingsview Park

296 Somerset Street East, Lower Town - Sandy Hill | MLS: X11979979
For Sale
1 month ago
$3,700,000
  • 0 bath
  • 0 bed

296 Somerset Street East, Lower Town - Sandy Hill, Ontario • K1N 6W1 • 4004 - Sandy Hill

34 Murray Street, Lower Town - Sandy Hill | MLS: X12010739
For Sale
2 weeks ago
$3,200,000
  • 0 bath
  • 0 bed

34 Murray Street, Lower Town - Sandy Hill, Ontario • K1N 5M4 • 4001 - Lower Town/Byward Market

307 Dalhousie Street, Lower Town - Sandy Hill | MLS: X12020749
For Sale
1 week ago
$3,495,000
  • 0 bath
  • 0 bed

307 Dalhousie Street, Lower Town - Sandy Hill, Ontario • K1N 7E8 • 4001 - Lower Town/Byward Market