| 613.829.1000


LOADING

1368 Labrie Avenue Ottawa, Ontario K1B 3M1

$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): Vacant-renovated with projected rent $1850/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 income is $46,680/year with potential to increase to $85,080/year. Notices for rent increases of 2.5% take effect in October 2024. Existing leases 1yr+ (id:37351)

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

Interested?

Contact us for more information


Generating Captcha

Jane Kirchmann
Salesperson

(613) 620-3625

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

(866) 530-7737
(647) 849-3180
www.exprealty.ca

Your Favourites

 

No Favourites Found