347 SHAKESPEARE STREET new

Ottawa,ON K1L5M1

$ 689900

3 Beds

3 Baths

1100 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $627

Subdivision 3402 - Vanier

MLS Listing ID X12278230

Bedrooms 3

Half Baths 1

Property Sub-Type Freehold

Source Ottawa Real Estate Board

Property Description

This meticulously maintained detached two unit property on a generous corner lot in Ottawa's vibrant Vanier neighbourhood offers two self-contained units, each with separate electrical meters and in unit laundry. The main and lower-level two bed unit and bright one bed top-floor suite. 2 bedroom unit features a renovated kitchen and bathroom, durable laminate, luxury vinyl plank and tile floors, a fully finished basement. Roof refreshed just a few years ago, and reliable mechanicals throughout. Outside, the low maintenance exterior boasts extensive interlock and stone landscaping, an aluminum backyard deck and included woodshed, plus parking for 4 cars an ideal setup for owner occupiers or investors. All major appliances remain, and both units will be vacant at possession. With projected rents of $2,300 and $1,700, owner occupiers may benefit from only about $1,700 per month in housing expenses (with 20% down at a 4.25% rate taking into account income from 1 bedroom and expenses), or investors can expect an estimated 4.33% cap rate renting both units. Ideally located for transit with major bus routes delivering you downtown in minutes this home is also walking distance to eclectic shops, grocers and cafés along Beechwood Avenue, community parks such as Richelieu and Vanier Park, and local schools including Trille des Bois, Mauril Belanger and others. Vanier has seen significant community investment and is known for its cultural spirit, francophone roots, annual maple sugar festival and strong local cohesion making this a move-in-ready opportunity in one of Ottawa's most diverse and development minded neighbourhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.83 m X 3.21 m Bedroom

Extra Room 2 Second level 2.22 m X 1.48 m Bathroom

Extra Room 3 Second level 2.49 m X 2.25 m Kitchen

Extra Room 4 Second level 2.74 m X 1.99 m Dining room

Extra Room 5 Second level 4.06 m X 3.1 m Living room

Extra Room 6 Basement 5.14 m X 3.47 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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