$2,350,000
1368 LABRIE AVE Cyrville - Carson Grove - Pineview, ON K1B 3M1
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$2,350,000
2,400 SqFt
Active
1368 LABRIE AVE Cyrville - Carson Grove - Pineview, ON K1B 3M1
UPDATED:
10/30/2024 08:29 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Rent
Square Footage 2,400 sqft
MLS Listing ID X9516075
Annual Tax Amount $7,848
Tax Year 2024
Property 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+
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+
Location
Province ON
County Ottawa
Area 2203 - Cyrville Rd./Industrial Park
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Garage Spaces 20.0
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown
Pets Description Unknown
Listed by EXP REALTY
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