327-329 Shakespeare Street, Ottawa, Ontario, K1L5M1
Details
- Listing ID: X12130394
- Price: $1,349,000
- Address: 327-329 Shakespeare Street, Ottawa, Ontario K1L5M1
- Bedrooms: 11
- Full Bathrooms: 5
- Stories: 2
- Property Type: Multi-family
- Heating: Natural Gas, Forced Air
Description
SUPER Well maintained and TURN KEY, FIRE RETROFITTED, in Surging gentrification neighborhood, 5 Unit building ,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=$90,827K (2025) . Expenses=$19,499, NOI =$71,328 taxes= $8,776 Insurance= $6,075, utilities for common space(water and heating)=$2,412. Close to amenities, shopping restaurants, transit, minutes to downtown Ottawa. 24hr notice for all showings. ONLY 2 UNITS AVAILABLE FOR SHOWINGS UNTIL THERE IS AN ACCEPTED OFFER. (id:22130)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.