340-342 SHAKESPEARE Street, VanierandKingsviewPark, ON K1L 5M2

Vanier and Kingsview Park K1L 5M2 Ontario

MLS: X9768631

$4,000,000

Added 15 days ago | For Sale

Listed by: SOLID ROCK REALTY

About Property

Welcome to 340-342 Shakespeare! This newly built 8 unit income property consists of 2 fourplexes each with four 3 bedroom, 2 bathroom units in a prime Vanier location, being close to all amenities, public transit and recreation. Still room for increased rents. Rent control does not apply to this building. Hi-end finishings and quality appliances. Letter of interest from a lender under the MLI System for 3.9 million of financing at a preferred rate. Quick closing is available and preferred. Less then one year from occupancy so new construction works under the MLI. If not using the MLI Select the affordable rent could be increased. Should qualify for efficiency points as the insulation including under the basement slab is excellent and heated with high efficiency ducted heat pumps with electric backup. What a fantastic property to add to or start your investment portfolio.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 66 X 95
  • Water:Municipal
  • Garage Spaces: /Unknown
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Starting from Vanier Parkway, turn right onto Montreal Road, left onto Granville Street, left onto Shakespeare Street.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $19000
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X9768631

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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