1387/89 RAVEN AVENUE
Ottawa, Ontario K1Z7Y5

$1,150,000

ID# X11249970
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:25961)
Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: November 27, 2024

On market: 15 days
Bathroom Total 4
Bedrooms Total 8
Flooring Type Hardwood, Laminate, Ceramic
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
Primary BedroomSecond level4.89 m x 3.16 m
Bedroom 2Second level4.73 m x 3.16 m
Bedroom 3Second level3.04 m x 2.42 m
BathroomSecond level2.74 m x 1.77 m
BathroomBasement2.69 m x 2.18 m
Laundry roomBasement1.52 m x 0.91 m
Living roomBasement4.75 m x 2.26 m
KitchenBasement3.05 m x 2.34 m
Primary BedroomBasement3.48 m x 2.44 m
Living roomMain level6.88 m x 4.05 m
Dining roomMain level4.15 m x 2.57 m
KitchenMain level4.15 m x 2.46 m
Primary BedroomSecond level4.89 m x 3.16 m
Bedroom 2Second level4.73 m x 3.16 m
Bedroom 3Second level3.04 m x 2.42 m
BathroomSecond level2.74 m x 1.77 m
BathroomBasement2.69 m x 2.18 m
Laundry roomBasement1.52 m x 0.91 m
Living roomBasement4.75 m x 2.26 m
KitchenBasement3.05 m x 2.34 m
Primary BedroomBasement3.48 m x 2.44 m
Living roomMain level6.88 m x 4.05 m
Dining roomMain level4.15 m x 2.57 m
KitchenMain level4.15 m x 2.46 m
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Address Price Bed Bath SqFt Area Sub Area Brokerage
3256 RIVER ROAD Ottawa
3256 RIVER ROAD
 $899,900 5 4 310.01 x 171.8 FT ; 1|1/2 - 1.99 acres Ottawa COLDWELL BANKER SARAZEN REALTY
1 ROCHE PLACE Ottawa
1 ROCHE PLACE
 $649,900 3 4 37.5 x 100 FT ; 0 Ottawa RE/MAX HALLMARK REALTY GROUP
301 - 364 QUEEN ELIZABETH DRIVE Ottawa
301 - 364 QUEEN ELIZABETH DRIVE
 $3,998,000 5 5 Ottawa ROYAL LEPAGE TEAM REALTY
915 - 238 BESSERER STREET Ottawa
915 - 238 BESSERER STREET
 $585,000 2 2 Ottawa COMMISSION WISE INC.
697 OAK CREEK ROAD Ottawa
697 OAK CREEK ROAD
 $635,000 3 2 199.78 x 149.83 FT ; 0|1/2 - 1.99 acres Ottawa ROYAL LEPAGE TEAM REALTY
2108 - 665 BATHGATE DRIVE Ottawa
2108 - 665 BATHGATE DRIVE
 $2,300 2 1 Ottawa CENTURY 21 ACTION POWER TEAM LTD.
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Nicolas Blackburn

SALES REPRESENTATIVE

Direct: (613) 601.2224

nblackburn@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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