327-329 Shakespeare ST new Save Request In-Person Tour Request Virtual Tour
Vanier And Kingsview Park,ON K1L 5M1
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 3402 - Vanier
MLS Listing ID X12130394
Style 2-Storey
Bedrooms 11
Building Age 51-99
Annual Tax Amount $8,184
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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.
Location
State ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Rooms
Family Room No
Basement Apartment,Finished
Kitchen 8
Separate Den/Office 3
Interior
Interior Features Water Heater,Water Heater Owned
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped,Paved Yard,Porch Enclosed
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 95.0
Total Parking Spaces 6
Building
Unit Features Park,Rec./Commun.Centre,School,School Bus Route
Foundation Poured Concrete
Others
Security Features Smoke Detector,Carbon Monoxide Detectors,Other
ParcelsYN No
Virtual Tour https://listings.nextdoorphotos.com/327shakespearestreet