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$2,350,000
Available - For Sale
Listing ID: X9516074
Flooring: Vinyl, Flooring: Ceramic, Flooring: Laminate, DEVELOP & CONSTRUCT or OWN & OPERATE - Be opportunistic in a transitioning neighborhood! Recently rezoned TD1 site on 0.34 acres (see reports). Under 400m to the Cyrville Station with architectural plans for a 6-storey mid-rise. Currently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. Unit 1 (lower): Renovated 2 bdrm $2100/month incl. Unit 2 (ground): Spacious-upgraded eat-in kitchen $1950/month incl. Unit 3 (upper): Bright-upgraded kitchen and bath $1940/month incl office outbuilding with bathroom Fenced Year Yard: Vacant-previously leased for $1350/month for equipment storage - professionally graded with compacted gravel and separate gated entrance. Storage Shed: 2 Storage Units included with Unit 1&2 Parking: 20 (8 tenant) Current income is 71k/year with potential to increase to 88k/year. Notices for rent increases of 2.5% take effect in October 2024. Existing leases 1yr+
Price $2,350,000
Taxes: $7,848
Address: 1368 LABRIE Ave , Cyrville - Carson Grove - Pineview, K1B 3M1, Ontario
Lot Size: 100 x 150 (Feet)
Directions/Cross Streets: Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (ea
Rooms: 0
Rooms +: 0
Kitchens: 0
Kitchens +: 0
Family Room: N
Basement: Finished
Full
Property Type: Triplex
Exterior: Other
Garage Type: Other
Pool: None
Property Features: Fenced Yard
Public Transit
Heat Source: Gas
Heat Type: Baseboard
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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EXP REALTY

1368 LABRIE Ave , Cyrville - Carson Grove - Pineview, K1B 3M1, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Cyrville - Carson Grove - Pineview
Neighbourhood: 2203 - Cyrville Rd./Industrial Park
Style:
Lot Size: 100.00 x 150.00(Feet)
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Tax: $7,848
Maintenance Fee: $0
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Garage: 0
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Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949