347 Shakespeare St, Ottawa, Ontario K1L 5M1
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$543/sqft
Monthly cost
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+4
Properties sold*
$571K
Median sold price*
*Based on last 30 days
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.
Property Details
Interior
Features
Main Floor
Dining
3.3 x 2.5Primary
5.19 x 3.08Living
5.77 x 4.5Kitchen
3.3 x 2.5Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History
