1387/89 Raven Avenue, Carlington - Central Park | Image 1

1387/89 Raven Avenue

Carlington - Central Park, 5301 - Carlington

  • - bed - bath
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Jan 06, 2025

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 53 x 98 Feet

  • Age: 51-99 years

  • Taxes: $5,851 per year

  • Days on Site: 40 Days

  • Added: Nov 27, 2024 (1 month on market)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X11249970

  • Listed By: Keller williams integrity realty

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.

Status

  • Days on Market: 40

  • Last Status: Sold

  • Sold Date: Jan 06, 2025

  • Closed Date: Feb 12, 2025

  • Expiry Date: May 23, 2025

  • Sold Price: $1,120,000

  • Unavailable Date: Jan 09, 2025

  • Input Date: Nov 27, 2024

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Age: 51-99

  • Area: Carlington - Central Park

  • Community: 5301 - Carlington

  • Availability Date: TBD

Inside

  • Bedrooms: 6

  • Bedrooms Plus: 2

  • Bathrooms: 4

  • Kitchens: 2

  • Kitchens Plus: 2

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 4

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Apartment

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Other Structures: Garden Shed

  • Retirement: N

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LTS 586 & 587, PL 346 , PT LT 585, PL 346 , PART 5 , 5R13832 ; O

  • Taxes: $5,851

Highlights

  • Feature: Hospital

  • Feature: Park

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: Kirkwood/Raven

  • Municipality District: Carlington - Central Park

  • Fronting On: North

  • Parcel Number: 040010053

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 98 Feet

  • Lot Frontage: 53 Feet

  • Zoning: R2H

Rooms

Room details for 1387/89 Raven Avenue, Carlington - Central Park

Type Dimensions
Living Main 4.05 x 6.88
Dining Main 2.57 x 4.15
Kitchen Main 2.46 x 4.15
Prim Bdrm 2nd 3.16 x 4.89
2nd Br 2nd 3.16 x 4.73
3rd Br 2nd 2.42 x 3.04
Bathroom 2nd 1.77 x 2.74
Living Bsmt 2.26 x 4.75
Kitchen Bsmt 2.34 x 3.05
Prim Bdrm Bsmt 2.44 x 3.48
Bathroom Bsmt 2.18 x 2.69
Laundry Bsmt 0.91 x 1.52
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Map of 1387/89 Raven Avenue, Carlington - Central Park
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