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1368 Labrie Avenue Home For Sale Ottawa, Ontario K1B 3M1

1399924

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$2,350,000

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+ (id:34792)

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Property Details

MLS® Number 1399924
Property Type Office
Neigbourhood Beacon Hill-Cyrville
Parking Space Total 20

Building

Land

Acreage No
Size Depth 150 Ft
Size Frontage 100 Ft
Size Irregular 0.34
Size Total 0.34 Ac
Size Total Text 0.34 Ac
Zoning Description Td1[2755]-h

https://www.realtor.ca/real-estate/27168077/1368-labrie-avenue-ottawa-beacon-hill-cyrville

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October 11 2024 07:13:29

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