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327-329 Shakespeare Street Ottawa, Ontario K1L 5M1

11 Bedroom 5 Bathroom
Wall Unit Forced Air Landscaped

$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:37351)

Property Details

MLS® Number X12130394
Property Type Multi-family
Community Name 3402 - Vanier
AmenitiesNearBy Park, Schools
CommunityFeatures Community Centre, School Bus
Features Paved Yard
ParkingSpaceTotal 6
Structure Porch

Building

BathroomTotal 5
BedroomsAboveGround 8
BedroomsBelowGround 3
BedroomsTotal 11
Age 51 To 99 Years
Appliances Water Heater, Water Meter, Dishwasher, Stove, Refrigerator
BasementDevelopment Finished
BasementFeatures Apartment In Basement
BasementType N/a (finished)
CoolingType Wall Unit
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
FenceType Fully Fenced
LandAmenities Park, Schools
LandscapeFeatures Landscaped
Sewer Sanitary Sewer
SizeDepth 95 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 95 Ft
SizeTotalText 66 X 95 Ft

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/28273206/327-329-shakespeare-street-ottawa-3402-vanier

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Carmen Laplante
Salesperson

(613) 867-6914

Royal LePage Performance Realty
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1

(613) 830-3350
(613) 830-0759

Karin Altoft
Salesperson

(613) 884-6916

Royal LePage Performance Realty
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1

(613) 830-3350
(613) 830-0759

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