327-329 SHAKESPEARE STREET, Ottawa
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 (329 #2) 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:25961)
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Details
- Equipment: Water Heater
- Parking Spaces: 6
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Water Heater, Water meter, Dishwasher, Stove, Refrigerator
- BasementType: N/A, N/A (Finished), N/A
- Basement Development: Finished
- Basement Features: Apartment in basement, Separate entrance
- Bedrooms Main Level: 9
- Bedrooms Lower Level: 2
- Cooling: None, Wall unit
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: False
- Foundation: Concrete, Poured Concrete
- Bathrooms (Total): 5
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 95 ft
- Size Frontage: 66 ft
- Size Irregular: 66 x 95 FT
This property for sale is located at 327-329 SHAKESPEARE STREET in Ottawa. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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