327-329 Shakespeare Street Ottawa, Ontario K1L 5M1
$1,349,000
Well maintained and TURN KEY, FIRE RETROFITTED, 5 Unit building ,Legal 4 plex with non conforming accessory apartment, many upgrades (see attachment) ,327 has 3 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=$83,738 (2024) Projected income for 2025 is $87,714. Expenses=$18,477, NOI =$69,236 taxes= $8,184 Insurance= $5,645, utilities for common space(water and heating)=$4,648. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings. (id:48755)
Property Details
| MLS® Number | X12130394 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Amenities Near By | Park, Schools |
| Community Features | Community Centre, School Bus |
| Features | Paved Yard |
| Parking Space Total | 6 |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 11 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Water Meter, Dishwasher, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fully Fenced |
| Land Amenities | Park, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 95 Ft |
| Size Total Text | 66 X 95 Ft |
Utilities
| Cable | Available |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28273206/327-329-shakespeare-street-ottawa-3402-vanier
Interested?
Contact us for more information
Carmen Laplante
Salesperson
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1
(613) 830-3350
(613) 830-0759
Karin Altoft
Salesperson
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1
(613) 830-3350
(613) 830-0759
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May 07 2025 04:06:56
Ottawa Real Estate Board
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