$1,269,000
Available - For Sale
Listing ID: X13014692
327-329 Shakespeare Street , Vanier and Kingsview Park, K1L 5M1, Ottawa
| 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. |
| Price | $1,269,000 |
| Taxes: | $8776.00 |
| Occupancy: | Tenant |
| Address: | 327-329 Shakespeare Street , Vanier and Kingsview Park, K1L 5M1, Ottawa |
| Directions/Cross Streets: | Granville and Montreal |
| Rooms: | 20 |
| Rooms +: | 6 |
| Bedrooms: | 9 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Carport |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Available |
| Park #2 | |
| Parking Type: | Available |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None, Wall |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| ROYAL LEPAGE PERFORMANCE REALTY |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Style: | 2-Storey |
| Tax: | $8,776 |
| Beds: | 9+2 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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