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423 RAVENHILL AVENUE, Ottawa, Ontario, K2A 0J7

MLS® # 1344898
Investment For Sale In Laurentian, Ottawa, Ontario
$2,585,000
423 Ravenhill Avenue, Ottawa, ON - Outdoor
423 Ravenhill Avenue, Ottawa, ON - Outdoor
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Living Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Laundry Room
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bedroom
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bedroom
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT D Floorplan - 423 Ravenhill Avenue, Ottawa, ON - Other
423 Ravenhill Avenue, Ottawa, ON  - Outdoor
423 Ravenhill Avenue, Ottawa, ON  - Outdoor
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON  - Indoor Photo Showing Living Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON  - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Laundry Room
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bedroom
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT A - Virtually Staged - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bedroom
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT A - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT B - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Bathroom
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT C - 423 Ravenhill Avenue, Ottawa, ON - Indoor Photo Showing Other Room
UNIT D Floorplan - 423 Ravenhill Avenue, Ottawa, ON - Other
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423 RAVENHILL AVENUE, Ottawa, Ontario, K2A 0J7
$2,585,000

Property Information:

Fully Tenanted Turnkey Investment. This modern Fourplex, with 2 & 3 Bed/2Bath units, designed by award-winning architect Jason Flynn, is sure to impress. Welcomed by sleek design elements, these 4 open-concept units have high-end, yet durable finishes to both attract great quality tenants, but also minimize landlord maintenance. To ensure tenant enjoyment, exceptional soundproofing has been used between units: resilient channel drywall system, concrete overlay on floors, & superior wall sound insulation. The lower level unit has large windows & radiant in-floor heat to maximise comfort. All units are separately metered, with no rental contracts for the landlord. Outdoor living space for all of the above ground units gives tenants the ability to enjoy life in the Heart of Westboro. No car, no problem! Within minutes, tenants can walk into Westboro, hop on public transit (LRT), or cruise down to the beach. Reach out for more detail on projected 5 year ROI of over $500,000 or rent roll. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Stone, Siding
  • Flooring Type: Tile, Vinyl
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping, Water Nearby
  • Built in: 2017
  • Current Use: Development residential
  • Features: Balcony
  • Irregular: Yes
  • Landscape Features: Partially landscaped
  • Lease Type: Lease Type
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33.04 ft X 100 ft
  • Zoning: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Oversize, Surfaced, See Remarks
  • No. of Parking Spaces: 3

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Location of 423 RAVENHILL AVENUE, Ottawa, Ontario, K2A 0J7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 423 RAVENHILL AVENUE , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

62/100

ClimateCheck®

Current data

This property, 423 RAVENHILL AVENUE , experiences 11 significant 2-day storms per year, with about 314.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 402.1mm of precipitation per year.

Precipitation Per Storm

Past
314.9mm
2050
402.1mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 423 RAVENHILL AVENUE, Ottawa, Ontario, K2A 0J7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$253,160.26

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.9 %

High school certificate or equivalent

13.32 %

Apprenticeship trade certificate/diploma

1.09 %

College/non-university certificate

9.88 %

University certificate (below bachelor)

1.43 %

University Degree

57.64 %

Commuter

Travel To Work

By Car

69.42 %

By Public Transit

3.02 %

By Walking

19.45 %

By Bicycle

0.42 %

By Other Methods

7.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.74 %

Houses

75.61 %

Own Vs. Rent

True