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Hussein Zeineddine

hussein.zeineddine@engelvoelkers.com +1(613) 408-4082

$ 1,269,000

Est. payment -/mo

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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 (329 #2) 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

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

Listed by ROYAL LEPAGE PERFORMANCE REALTY

NEARBY SCHOOLS & PROPERTIES

Hussein Zeineddine

Broker | License ID: zeinehu

+1(613) 408-4082

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