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$ 1,269,000
Est. payment /mo
New
327-329 Shakespeare ST Vanier And Kingsview Park, ON K1L 5M1
11 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 3402 - Vanier
MLS Listing ID X13014692
Style 2-Storey
Bedrooms 11
Annual Tax Amount $8,776
Tax Year 2025
Property Sub-Type Fourplex
Property Description
SUPER Well maintained and TURN KEY, FIRE RETROFITTED, in Surging Gentrification Neighborhood, a few minutes from Beechwood community, 5 Unit Building, 2 semi detacheds, Legal 4 plex with accessory apartment, many upgrades (see attachment) ,327 has three 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=$84,390 (2025). Expenses=$18,617, taxes= $8,776 Insurance= $6,075, utilities (water, heating and hydro for common elements)=$3,776. Projected 2026 income (current rents)=$90,927. 24hr notice for all showings. ONLY 1 UNIT AVAILABLE FOR SHOWINGS UNTIL THERE IS AN ACCEPTED OFFER. Over 84K in improvements, see attached. Long term tenants in 2 units, potential for significantly improved rents. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Apartment, Finished, Separate Entrance
Kitchen 5
Separate Den/Office 2
Interior
Interior Features Accessory Apartment, Water Heater
Cooling None, Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 4.0
Pool None
Roof Type Flat,Membrane
Lot Frontage 66.0
Lot Depth 95.0
Total Parking Spaces 6
Building
Foundation Concrete, Poured Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE PERFORMANCE REALTY
NEARBY SCHOOLS & PROPERTIES
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