Homes for sale - 1387/89 Raven AVE, Carlington

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Peter Torkan

peter.torkan@theagencyre.com +1(416) 847-5288

$ 1,150,000

Est. payment | -/mo

6 Beds

4 Baths

Save

$ 1,150,000

Est. payment | -/mo

Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11249970

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,851

Tax Year 2024

Property Description

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.

Location

State ON

County Ottawa

Community 5301 - Carlington

Area Ottawa

Region 5301 - Carlington

City Region 5301 - Carlington

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Unit Features Park,Public Transit,School,Hospital

Foundation Poured Concrete

Listed by KELLER WILLIAMS INTEGRITY REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

1387/89 Raven AVE Carlington - Central Park, ON K1Z 7Y5