1368 LABRIE AVE Active Save Request In-Person Tour Request Virtual Tour
Cyrville - Carson Grove - Pineview,ON K1B 3M1
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $979
Subdivision 2203 - Cyrville Rd./Industrial Park
MLS Listing ID X9516075
Annual Tax Amount $7,848
Tax Year 2024
Property Sub-Type Office
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+
Location
Province ON
County Ottawa
Community 2203 - Cyrville Rd./Industrial Park
Area Ottawa
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Utilities Available Unknown
Roof Type Unknown
Lot Depth 150.0
Others
Security Features Unknown
Pets Allowed Unknown
Virtual Tour https://www.1368labrie.ca