1352 Raven Avenue

Ottawa, Ontario K1Z 7Y2

50 X 99 Ft ; 0 Lot size

1 day ago Listed

About this home

INVESTORS, DEVELOPERS & BUILDERS - Rare opportunity in Ottawa's sought-after Carlington neighbourhood. Situated on a spacious 50 x 99 ft lot, this property offers exceptional redevelopment potential in a central, well-connected location. The existing building has been demolished, so take advantage and speed up application for MLI select financing. Plans are already in place for a proposed 6-10 unit development, offering investors and developers an opportunity to take advantage of the area's strong rental demand and explore significant income-generating potential. Possibility of 12 units being built as well. Whether you're looking to develop a multi-unit investment property, build your next project, or secure a premium lot for a custom home, the possibilities here are worth exploring. Convenient access to shopping, restaurants, parks, public transit, and major transportation routes. Bring your vision and take advantage of this exciting development opportunity! (id:28469)

Facts & features

Property

MLS® Number: X14153904
Property Type: Vacant Land
Neighbourhood: Carlington
Community Name: 5301 - Carlington
Amenities Near By: Public Transit, Park

Building

Utility Water: Municipal Water

Land

Acreage: No
Land Amenities: Public Transit, Park
Sewer: Sanitary Sewer
Size Depth: 99 Ft
Size Frontage: 50 Ft
Size Irregular: 50 X 99 Ft ; 0
Size Total Text: 50 X 99 Ft ; 0
Zoning Description: R1pp - Residential

Utilities

Cable: Available
Electricity: Available
Sewer: Available

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $3,409/mo
Ontario land transfer tax: $11,873 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Carlington market

11 Active listings

$769,900 Median asking price

At the area median This home

34 days Avg. time on market

Browse all Carlington listings →

Location

1352 Raven Avenue, Ottawa, Ontario K1Z 7Y2 · Get directions