1387/89 Raven Avenue, Ottawa, ON, K1Z 7Y5 - investment for sale | Listing ID X11249970

Investment For Sale In Carlington, Ottawa, Ontario

$1,150,000

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1387/89 Raven Avenue, Ottawa, ON - Outdoor

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Other Room

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Laundry Room

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

1387/89 Raven Avenue, Ottawa, ON - Indoor

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

1387/89 Raven Avenue, Ottawa, ON - Indoor Photo Showing Kitchen

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1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

$1,150,000

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Other
Amenities: Separate Hydro Meters
Basement Type: N/A
Exterior Finish: Brick
Flooring Type: Hardwood, Laminate, Ceramic
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

Property Type: Multi-family
Bedrooms: 6+2
Bathrooms: 4
Amenities Nearby: Park, Public Transit, Schools, Hospital
Irregular: Yes
Lot Depth: 98.0 Feet
Lot Frontage: 53.0 Feet
Lot Size: 53 x 98 FT
Structure Type: Shed
Utility Type: Sewer - Installed, Cable - Available
Zoning: R2H
Sewer: Sanitary sewer
No. of Parking Spaces: 4

Rooms:

Primary Bedroom 2nd Level 4.89 m x 3.16 m
2nd Bedroom 2nd Level 4.73 m x 3.16 m
3rd Bedroom 2nd Level 3.04 m x 2.42 m
Bathroom 2nd Level 2.74 m x 1.77 m
Bathroom Basement Level 2.69 m x 2.18 m
Laundry Basement Level 1.52 m x 0.91 m
Living Basement Level 4.75 m x 2.26 m
Kitchen Basement Level 3.05 m x 2.34 m
Primary Bedroom Basement Level 3.48 m x 2.44 m
Living Main Level 6.88 m x 4.05 m
Dining Main Level 4.15 m x 2.57 m
Kitchen Main Level 4.15 m x 2.46 m

Convert Measurement to:

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

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Location of 1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 1387/89 RAVEN AVENUE , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.3℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1387/89 RAVEN AVENUE , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past

317.1mm

2050

405.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$85,782.20

Average Number of Children

1.88

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.82 %

High school certificate or equivalent

31.43 %

Apprenticeship trade certificate/diploma

6.03 %

College/non-university certificate

18.79 %

University certificate (below bachelor)

1.67 %

University Degree

21.25 %

Commuter

Travel To Work

By Car

63.44 %

By Public Transit

26.03 %

By Walking

4.1 %

By Bicycle

0.57 %

By Other Methods

5.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

65.77 %

Houses

34.23 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

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Location of 1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1387/89 RAVEN AVENUE, Ottawa, Ontario, K1Z 7Y5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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