1387/89 Raven Avenue
Ottawa (Carlington), ON K1Z 7Y5
- 6+2Bedrooms
- 4Bathrooms
- 4Parking
- —Sq Ft
- $5,851Tax
- 53×98 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 1387/89 Raven Avenue, Ottawa, Carlington
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-11-27 | 2025-01-09 | Login to See Prices | Sold | x11249970 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 1387/89 Raven Avenue, Ottawa, Carlington
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,851
- Land Transfer Tax Fee
- $19,475
Rental Items
- Rental Equipment
- 2 x Hot Water Tanks
- Under Contract
- Hot Water Tank-Electric
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Park, Public Transit, School, Hospital
- Other Structures
- Garden Shed
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 53.00 ft
- Lot Depth
- 98.00 ft
Inclusions
- Inclusions
- 4 x fridge, 4 x stove, 4 x dishwasher, 4 x Washer, 4 X Dryer
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 6 + 2
- Washrooms
- 4
- Kitchens
- 4
Room sizes
- Living Room—Main level, Hardwood Floor, Large Window, Carpet Free
- Dining Room—Main level, Hardwood Floor, Large Window, Carpet Free
- Kitchen—Main level, Ceramic Floor, B/I Dishwasher, Window
- Primary Bedroom—Second level, Hardwood Floor, Closet, Window
- Bedroom 2—Second level, Hardwood Floor, Closet, Window
- Bedroom 3—Second level, Hardwood Floor, Closet, Window
- Bathroom—Second level, Ceramic Floor, 3 Pc Bath, Window
- Living Room—Basement level, Laminate, Above Grade Window, Combined w/Kitchen
- Kitchen—Basement level, Laminate, B/I Dishwasher, Combined w/Living
- Primary Bedroom—Basement level, Laminate, Above Grade Window, Closet
- Bathroom—Basement level, 3 Pc Bath, Laminate
- Laundry—Basement level
Washrooms
- 3-piece, Second
- 4-piece, Basement
- 3-piece, Second
- 4-piece, Basement
- Municipality
- Ottawa
- Neighbourhood
- Carlington
- Main cross streets
- Kirkwood/Raven
- Zoning
- R2H
- MLS® number
- X11249970
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-01-09
- Listed on
- 2024-11-27
- Days on market
- 43 days
- Possession type
- To Be Determined
- Co-op commission
- 2% +hst
- Seller
- Listed by
- KELLER WILLIAMS INTEGRITY REALTY
Home Market Value
Current home valuation for 1387/89 Raven Avenue, Ottawa, Carlington, Ottawa, ON. Listed for $1,150,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 1387/89 Raven Avenue, Ottawa, Carlington
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $650,000 over $500K
$90,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $42,366 | $32,085 | $27,370 | $0 |
=Total mortgage | $1,101,516 | $1,067,085 | $1,004,870 | $920,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,378monthly | $5,210monthly | $4,906monthly | $4,492monthly |
Land Transfer Tax
$19,475
$19,475
Around this home
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