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Maria Tompson
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$1,349,000
Available - For Sale
Listing ID: X12130394
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.
Price $1,349,000
Taxes: $8,184.29
Occupancy by: Tenant
Address: 327-329 Shakespeare Stre , Vanier and Kingsview Park, K1L 5M1, Ottawa
Directions/Cross Streets: Granville
Rooms: 20
Rooms +: 6
Bedrooms: 8
Bedrooms +: 3
Washrooms: 5
Family Room: F
Basement: Apartment
Finished
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Ground
Washroom 3:  3 Basement
Washroom 4:  0
Washroom 5:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
Drive Parking Spaces: 6
Pool: None
Other Structures: Fence - Full,
Approximatly Age: 51-99
Approximatly Square Footage: < 700
Property Features: Park
Rec./Commun.Centre
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: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Last Name: *
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ROYAL LEPAGE PERFORMANCE REALTY

327-329 Shakespeare Stre , Vanier and Kingsview Park, K1L 5M1, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 2-Storey
Lot Size: x 95.00(Feet)
Approximate Age: 51-99
Tax: $8,184.29
Maintenance Fee: $0
Beds: 8+3
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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