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:4069)
Address
1368 LABRIE AVENUE
List Price
$2,350,000
Property Type
Single Family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Ottawa
Lot Size
100 x 150 FT ; 0 Sq. Ft.
MLS® Number
X9516074
Listing Brokerage
EXP REALTY
Basement Area
Full (Finished)
Postal Code
K1B3M1
Zoning
TD[2755]-h
Site Influences
Public Transit
Features
Level
