For Lease · Multifamily

1 - 332 SHAKESPEARE STREET, Ottawa

1 - 332 SHAKESPEARE STREET, Ottawa, ON K1L5M2

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

95%

About this property

Welcome to 332 Shakespeare Street! ALL UTILITIES INCLUDED (except internet and cable). This beautifully renovated main-level 3-bedroom apartment offers the perfect blend of modern style, comfort, and convenience. Featuring a bright, open layout with high ceilings, updated finishes, and plenty of natural light, this home is ideal for professionals, couples, or families. The spacious kitchen and living area create an inviting space for everyday living and entertaining, while the updated 4-piece bathroom includes a full bathtub for added comfort. Step outside to your large, covered front porch-an ideal place to enjoy your morning coffee or unwind after a long day. For added convenience, this rental includes water, sewer, gas, hydro, one parking space, and a spacious private storage room, along with shared on-site laundry. Located in a vibrant and central neighbourhood, you'll enjoy easy access to shopping, restaurants, parks, schools, public transit, and downtown Ottawa. This is an excellent opportunity to lease a stylish, well-maintained home in a fantastic location. Don't miss your chance to make 332 Shakespeare Street your next home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

89,038

Households

34,505

Median income

$84,500

Median age

40.8

Daytime population

117,960

5-yr growth

1.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1 - 332 SHAKESPEARE STREET, Ottawa.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.