1368 Labrie Avenue, Ottawa
- MLS®: 1399921
- Type: Commercial
- Added: 56 days ago
- Updated: 54 days ago
- Last Checked: 8 hours ago
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:1945)
Property Details
- Cooling: Central air conditioning
- Heating: Baseboard heaters, Forced air, Electric, Natural gas
- Stories: 2
- Structure Type: Triplex
- Exterior Features: Siding
Interior Features
- Basement: Finished, Full
- Flooring: Laminate, Ceramic, Vinyl
Exterior & Lot Features
- Lot Features: Flat site
- Water Source: Municipal water
- Parking Total: 20
- Parking Features: Gravel, Surfaced
- Lot Size Dimensions: 100 ft X 150 ft
Business & Leasing Information
- Existing Lease Type: Net
Utilities & Systems
- Sewer: Municipal sewage system
- Utilities: Fully serviced
Tax & Legal Information
- Tax Year: 2024
- Parcel Number: 042630224
- Tax Annual Amount: 7848
- Zoning Description: TD[2755]-h
Additional Features
- Number Of Units Total: 5
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