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1368 Labrie Avenue Ottawa, Ontario K1B 3M1

Central Air Conditioning Baseboard Heaters

$2,350,000

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:53341)

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Property Details

MLS® Number X9516074
Property Type Single Family
Neigbourhood Cyrville Industrial Park
Community Name 2203 - Cyrville Rd./Industrial Park
AmenitiesNearBy Public Transit
Features Level
ParkingSpaceTotal 20

Building

Appliances Water Heater
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 150 Ft
SizeFrontage 100 Ft
SizeIrregular 100 X 150 Ft ; 0
SizeTotalText 100 X 150 Ft ; 0
ZoningDescription Td[2755]-h

Utilities

Natural Gas Available Available
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November 27 2024 05:40:09

Ottawa Real Estate Board

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