$1,150,000
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1387/89 Raven Avenue, Ottawa, ON K1Z7Y5

8 Beds
4 Baths
0 Sq Ft

Prime investment opportunity in the heart of Carlington with easy access to amenities. This exceptional 4-unit multiplex has been renovated and offers great income potential. Projected annual rental income exceeding $103k as of May 2025. The four units are comprised of two expansive 3-bedroom units on main and upper floors (1387A and 1389A) and two 1-bedroom basement units (1387B and 1387B) with their own separate entrance. Currently, the building hosts a great tenant-base. Basement units are each rented at $1800 per month (both leases end Dec 31, month to month to follow), one upper unit is vacant (1389A) and the other upper unit is rented at $2200 per month (1387A), those tenants leaving at the end of April 2025. Both upstairs units could rent for $2500 each. Each unit has its own laundry. Potential for buyer to occupy one of the upper 3-bedroom units. This investment property is perfect for first-time investors looking to enter the market or seasoned investors adding to their portfolio. Power of sale provisions apply therefore property being sold As Is. 48 hours irrevocable on offers. (id:55598)

  • MLS® X11249970
  • Date Listed11/27/2024
  • Days on Realty 22 Days
  • Bedrooms 8
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Subdivision 5301 - Carlington
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Flooring Hardwood, Laminate, Ceramic
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / K1Z7Y5

Source: Walkscore

84/100

Very Walkable

Walk Score ®

53/100

Good Transit

Transit Score ®

78/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 57/100, Bike Score: 80/100.

Points of interest near 1387/89 RAVEN AVENUE, Ottawa, ON K1Z7Y5

Frequently Asked Questions for 1387/89 RAVEN AVENUE

Source: Realty.com

1387/89 RAVEN AVENUE, Ottawa, ON K1Z7Y5 is a Other, Residential Income property listed for $1,150,000 The property is 0 sq. ft with 8 bedrooms and 4 bathrooms

Realty.com has 24 photos of 1387/89 RAVEN AVENUE.

The full address for this home is 1387/89 RAVEN AVENUE, Ottawa, ON K1Z7Y5.

1387/89 RAVEN AVENUE has been listed on Realty.com since Wed November 27, 2024

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 57/100, Bike Score: 80/100.

Listing provided courtesy of: KELLER WILLIAMS INTEGRITY REALTY (tel: (613) 829-1818)
Listing agent: PHIL LABBE (tel: (613) 316-3707)

This content last refreshed on 2024-12-19 15:25:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1387/89 RAVEN AVENUE, Ottawa, ON K1Z7Y5 : MLS® X11249970