1368 LABRIE

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Description

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:39198)

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Additional media

https://1368labrie.ca/

Property taxes

$7,848.00 per year / $654.00 per month

Basement

Finished, Full

Year build

-

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

20 Total

Floor

Laminate, Ceramic, Vinyl

Balcony

-

Pool

-

External material

Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Baseboard heaters, Forced air, Electric, Natural gas

Fire place(s)

-