327-329 Shakespeare Street, Ottawa, Ontario K1L 5M1 (29623347)
327-329 Shakespeare Street Ottawa, Ontario K1L 5M1
$1,269,000
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. (id:61072)
Property Details
| MLS® Number | X13014692 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 11 |
| Appliances | Water Heater, Water Meter, Dishwasher, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a (finished), N/a |
| Cooling Type | None, Wall Unit |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Concrete, Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Carport | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 95 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 95 Ft |
| Size Total Text | 66 X 95 Ft |
https://www.realtor.ca/real-estate/29623347/327-329-shakespeare-street-ottawa-3402-vanier
Contact Us
Contact us for more information
Carmen Laplante
Salesperson
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1
(613) 830-3350
(613) 830-0759
Karin Altoft
Salesperson
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1
(613) 830-3350
(613) 830-0759
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April 17 2026 10:24:32
Ottawa Real Estate Board
Royal LePage Performance Realty
