ON > Vanier And Kingsview Park > 3402 - Vanier
Vanier And Kingsview Park, ON K1L 5M1,327-329 Shakespeare ST
Vanier And Kingsview Park, ON K1L 5M1,327-329 Shakespeare ST
Vanier And Kingsview Park, ON K1L 5M1,327-329 Shakespeare ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,349,000
Est. payment /mo
11 Beds
5 Baths
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UPDATED:

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

Lot Depth 95.0

Lot Front 66.0

Appx SqFt < 700

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

Province 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)

Inclusions 5 stoves, 5 refrigerators, 4 dishwashers, 1 wall AC. One Hot water tank

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

Foundation Poured Concrete

Others

Senior Community Yes

Security Features Smoke Detector,Carbon Monoxide Detectors,Other

ParcelsYN No

Virtual Tour https://listings.nextdoorphotos.com/327shakespearestreet

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Listed by ROYAL LEPAGE PERFORMANCE REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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