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$1,269,000
Ontario,Ottawa
For Sale Active
327-329 SHAKESPEARE STREET, Ottawa, Ontario K1L5M1
  • 11
  • 5
  • 3500 - 5000Square Feet
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13014692
  • Price: $1,269,000
  • Bedrooms: 11
  • Bathrooms: 5
  • Square Footage: 3500 - 5000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 49863
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None, Wall unit
  • Basement: Finished, Separate entrance, N/A, Apartment in basement
  • Parking: Garage, Carport
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1L5M1
  • Street: Shakespeare
  • Street Number: 327-329
  • Street Suffix: Street
  • Longitude: W76° 20' 24''
  • Latitude: N45° 26' 22.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 66 x 95 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 8776
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Listing updated: 2026-04-20 09:09:33
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Listing Information
  • List Agent Key: 1586055
  • List Office Key: 49863
  • Modification Timestamp: 2026-04-17T22:31:05Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-04-17T22:24:32Z
Powered by REALTOR.ca
Listing updated: 2026-04-20 09:09:33
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