$769,900

1352 Raven Avenue

Carlington, Ottawa, ON K1Z7Y2 · MLS® X14153904

About this property

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:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$2,500
Updated
Nov 5, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Coldwell Banker Sarazen Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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