340-342 Shakespeare Street

FOR SALE
$4,000,000
340-342 Shakespeare Street, Vanier And Kingsview Park
340-342 Shakespeare Street
340-342 Shakespeare Street
Investment
CATEGORY
10,800 Sq Ft
TOTAL AREA
X9768631
MLSID
Contact Us
Property Description
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 Details
Address
340-342 Shakespeare Street
Community
Postal Code
K1L 5M2
Property Type
Investment, Investment
Use
Apartment
Zoning
R4EA
Lot Size
66' x 95'
Total Area
10,800 Sq Ft
Taxes
$19,000 (2024
Basement
[]
Exterior
[]
Heat Type
Electric Forced Air
Heat Source
Electric
Water
Municipal
Pool
[]
Parking Spaces
4
Garage Type
Unknown
Listing contracted with Solid Rock Realty
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