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$1,450,000
Available - For Sale
Listing ID: X12561544
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: $9,661
Tax Type: Annual
Occupancy by: 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.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
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Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 3,143
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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RE/MAX ABSOLUTE WALKER REALTY

21 Raymond Street , West Centre Town, K1R 7A1, Ottawa


 
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Type: Com - Investment
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
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Lot Size: x 91.62(Acres)
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Tax: $9,661
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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