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$585,000
Ontario,Ottawa
For Sale Active
347 SHAKESPEARE STREET, Ottawa, Ontario K1L5M1
  • 3
  • 3
  • 1,500 Sqft
Basic Details
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 could live here for only $1,370 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 true 5.11% cap rate renting both units (13.9%+ ROI, DSR of 1.29). 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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12404144
  • Price: $585,000
  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Square Footage: 1,500 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 49781
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: No Garage
  • Exterior Features: Vinyl siding, Stone
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1L5M1
  • Street: Shakespeare
  • Street Number: 347
  • Street Suffix: Street
  • Longitude: W76° 20' 35.5''
  • Latitude: N45° 26' 24''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 33 x 94.7 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4231.09
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Listing updated: 2025-09-18 16:49:36
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Listing Information
  • List Agent Key: 1857691
  • List Office Key: 49781
  • Modification Timestamp: 2025-09-15T19:41:01Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-09-15T19:26:58Z
Powered by REALTOR.ca
Listing updated: 2025-09-18 16:49:37

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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