$2,350,000
FOR SALE

Triplex

Lot: 100 x 150 ft
2024 Taxes: $7,848

1368 LABRIE Ave
Cyrville - Carson Grove - Pineview, ON K1B 3M1 | 2203 - Cyrville Rd./Industrial Park | Ottawa

Flooring: Vinyl, Flooring: Ceramic, Flooring: Laminate, DEVELOP & CONSTRUCT or OWN & OPERATE - Be opportunistic in a transitioning neighborhood! Recently rezoned TD1 site on 0.34 acres (see reports). Under 400m to the Cyrville Station with architectural plans for a 6-storey mid-rise. Currently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. Unit 1 (lower): Renovated 2 bdrm $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: 20 (8 tenant) Current 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+
Share
Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9516074
Last Updated Dec 19, 2024
Property Summary
Property Type Triplex

More like this:
PIN 042630224
Legal Description PT LT 25,CON2, O.F., PART1 , 4R11032 ; GLOUCESTER
Possession Date Immediate
Taxes (2024) $7,848
Directions/Cross Streets Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (east) onto Ogilvie Rd. -Take the 1st right onto Cyrville Rd. -Turn right onto Labrie Ave. -Property is on right side.
Neighbourhood 2203 - Cyrville Rd./Industrial Park
Area Ottawa
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On S
Property Features Fenced Yard, Public Transit
Special Designations Unknown
Lot 100 x 150 ft
Exterior Other
Air Conditioning Central Air
Family Room N
Pool None
Basement Finished, Full
Garage Spaces 0.0
Garage Type Other
Total Parking Spaces 20.0
Heat Source Gas
Heat Type Baseboard
Rural Services Natural Gas
Sewers Sewers
Utilities-Gas Y
Water Municipal
Zoning TD[2755]-h
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)