1368 LABRIE

Home Details

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): 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: 8 spaces (included) 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)

See more

Additional media

https://www.1368labrie.ca/

Property taxes

$7,848.00 per year / $654.00 per month

Basement

-

Year build

-

Type

Office

Bedrooms

null

Bathrooms

null

Parking spots

20 Total

Floor

-

Balcony

-

Pool

-

External material

-

Roof type

-

Lot frontage

-

Lot depth

-

Heating

-

Fire place(s)

-