LOADING

1368 Labrie Avenue Ottawa, Ontario K1B 3M1

Central Air Conditioning Baseboard Heaters

$2,350,000

Flooring: Vinyl, Flooring: Ceramic, Flooring: Laminate, DEVELOP & CONSTRUCT or OWN & OPERATE - Be opportunistic in a transitioning neighborhood!\r\nRecently rezoned TD1 site on 0.34 acres (see reports). Under 400m to the Cyrville Station with architectural plans for a 6-storey mid-rise.\r\nCurrently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. \r\nUnit 1 (lower): Renovated 2 bdrm $2100/month incl.\r\nUnit 2 (ground): Spacious-upgraded eat-in kitchen $1950/month incl.\r\nUnit 3 (upper): Bright-upgraded kitchen and bath $1940/month incl office outbuilding with bathroom\r\nFenced Year Yard: Vacant-previously leased for $1350/month for equipment storage - professionally graded with compacted gravel and separate gated entrance.\r\nStorage Shed: 2 Storage Units included with Unit 1&2\r\nParking: 20 (8 tenant)\r\nCurrent income is 71k/year with potential to increase to 88k/year.\r\nNotices for rent increases of 2.5% take effect in October 2024.\r\nExisting leases 1yr+ (id:19720)

Property Details

MLS® Number X9516074
Property Type Single Family
Neigbourhood Cyrville Industrial Park
Community Name 2203 - Cyrville Rd./Industrial Park
Amenities Near By Public Transit
Features Level
Parking Space Total 20

Building

Appliances Water Heater
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 100 Ft
Size Irregular 100 X 150 Ft ; 0
Size Total Text 100 X 150 Ft ; 0
Zoning Description Td[2755]-h

Utilities

Natural Gas Available Available

https://www.realtor.ca/real-estate/27168078/1368-labrie-avenue-ottawa-2203-cyrville-rdindustrial-park

Interested?

Contact us for more information


Jane Kirchmann
Salesperson

(613) 620-3625

Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4

(866) 530-7737
(647) 849-3180