$ 2.350.000

1368 Labrie Avenue, Ottawa

  • Type: Commercial
  • Added: 129 days ago
  • Updated: 38 days ago
  • Last Checked: 15 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): Renovated 2 bdrm $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: 20 (8 tenant) Current 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+ (id:1945)
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Property DetailsKey information about 1368 Labrie Avenue

  • Cooling: Central air conditioning
  • Heating: Baseboard heaters, Forced air, Electric, Natural gas
  • Stories: 2
  • Structure Type: Triplex
  • Exterior Features: Siding

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Flooring: Laminate, Ceramic, Vinyl

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1368 Labrie Avenue

  • 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 InformationCheck business and leasing options available at 1368 Labrie Avenue

  • Existing Lease Type: Net

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Fully serviced

Tax & Legal InformationGet tax and legal details applicable to 1368 Labrie Avenue

  • Tax Year: 2024
  • Parcel Number: 042630224
  • Tax Annual Amount: 7848
  • Zoning Description: TD[2755]-h

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 5
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Jane Kirchmann
  • Jane Kirchmann
  • EXP REALTY
  • 613-620-3625