Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$2,350,000
Available - For Sale
Listing ID: X9516075
1368 LABRIE Ave , Cyrville - Carson Grove - Pineview, K1B 3M1, Ontario
| 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+ |
| Price | $2,350,000 |
| Taxes: | $7848.00 |
| Occupancy by: | Tenant |
| Address: | 1368 LABRIE Ave , Cyrville - Carson Grove - Pineview, K1B 3M1, Ontario |
| Postal Code: | K1B 3M1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 25,CON2, O.F., PART1 , 4R11032 ; G |
| Lot Size: | 100.00 x 150.00 (Feet) |
| Directions/Cross Streets: | Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (ea |
| Category: | Office |
| Total Area: | 2400.00 |
| Office/Appartment Area: | 280 |
| Retail Area: | 0 |
| Gross Income/Sales: | $71880 |
| Net Income Before Debt: | $48634 |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Office |
| Area: | Ottawa |
| Municipality: | Cyrville - Carson Grove - Pineview |
| Neighbourhood: | 2203 - Cyrville Rd./Industrial Park |
| Lot Size: | 100.00 x 150.00(Feet) |
| Tax: | $7,848 |
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