$1,450,000
Available - For Sale
Listing ID: X12561544
21 Raymond Street , West Centre Town, K1R 7A1, Ottawa
| An exceptional investment opportunity in the heart of Ottawa's rapidly transforming urban core, this unique property comprises 11, 13, 15, and 21 Raymond Street. They offer rental income, potential for dwelling severances and long-term redevelopment potential. Situated on a lot of approximately 7,460 square feet and zoned R4TH(85), the property supports a range of residential intensification options, making it ideal for investors and developers alike. Each of the four two-storey units is separately metered and equipped with its own furnace. Unit 21 includes six rooms, two kitchens, and two full bathrooms. Unit 13 offers five rooms, two kitchens, and two full baths, with the main floor currently vacant, ideal for conversion back to a one-bedroom suite or owner occupancy. Units 11 and 15 each feature a one-bedroom unit on the main level, with a kitchen, bathroom, and three additional rooms upstairs. The property includes ample on-site parking, its own laneway off 21, shared laundry facilities, and a bonus basement area with rough-ins for two additional bathrooms. Conveniently located just off the highway, steps from Little Italy and the Glebe Annex, and minutes from Carleton University, this location offers upside potential. |
| Price | $1,450,000 |
| Taxes: | $9661.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 21 Raymond Street , West Centre Town, K1R 7A1, Ottawa |
| Postal Code: | K1R 7A1 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 25, PL 37 , AS IN N666211 ; LT 30, |
| Directions/Cross Streets: | Between Lebreton St N & Bell St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 3143.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABSOLUTE WALKER REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4205 - West Centre Town |
| Tax: | $9,661 |
| Fireplace: | N |
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