1368 LABRIE Avenue

$2,350,000

For Sale

MLS # X9516075

Property Type

Commercial

Bedrooms

0

Bathrooms

0

Square Footage

N/A

Building Age

N/A

Time on Market

121 Days

Description

Develop & Construct or Own & Operate - Be opportunistic in a transitioning neighborhood! Recently rezoned TD1 site on 0.34 acres. Located less than 400m to the Cyrville Transit Station with plans for a 6-storey mid-rise residential building. Currently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. Unit 1 (lower): Renovated 2bdrm $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: 8 spaces (included) Current gross 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+

Property Summary

Building Type

Office

Land Size

100 x 150 feet

Storeys

N/A

Property Tax - 2024

$7848

Address

1368 LABRIE Avenue

City

Ottawa

Postal Code

K1B 3M1

Province

Ontario

Community Name

2203 - Cyrville Rd./Industrial Park

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

Total Bedrooms - 0
Total Bathrooms - 0

Interior

Exterior

Roof - Unknown

Heating & Cooling

Heat Type - Unknown
Heat Source - Unknown
Cooling Source - Unknown

Utilities

Water Service - Unknown
Sewer Service - Unknown

Rooms Overview

Room	Floor	Dimensions	Features
No room data available for this listing

Land Overview

Lot Dimensions

100 x 150 Feet

Property Features

Shoreline

Jane Kirchmann

Salesperson

613-620-3625

EXP REALTY

Brokerage

343 PRESTON STREET, 11TH FLOOR

OTTAWA, ON, K1S1N4

866-530-7737

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Disclaimer

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