Central Air Conditioning
Baseboard Heaters, Forced Air
$2,350,000
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): 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: 20 (8 tenant) 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:47824)
Property Details
MLS® Number
|
1399921 |
Property Type
|
Multi-family |
Neigbourhood
|
Cyrville Industrial Park |
Amenities Near By
|
Public Transit, Shopping |
Features
|
Flat Site |
Parking Space Total
|
20 |
Storage Type
|
Storage Shed |
Building
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Construction Style Attachment
|
Attached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Siding |
Flooring Type
|
Laminate, Vinyl, Ceramic |
Heating Fuel
|
Electric, Natural Gas |
Heating Type
|
Baseboard Heaters, Forced Air |
Stories Total
|
2 |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
150 Ft |
Size Frontage
|
100 Ft |
Size Irregular
|
100 Ft X 150 Ft |
Size Total Text
|
100 Ft X 150 Ft |
Zoning Description
|
Td[2755]-h |
Utilities
https://www.realtor.ca/real-estate/27168078/1368-labrie-avenue-ottawa-cyrville-industrial-park