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1368 LABRIE Avenue Image 1

$2,350,000

Last price change Jul 13, 2024

Jul 13, 2024Office For Sale
bedroomsbed
washrooms0bath
MLS - #X9516075

1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1

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Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

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About 1368 LABRIE Avenue

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): Renovated 2bdrm $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: 8 spaces (included) Current gross 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+

Home Overview

Last updated

Dec 19, 2024

Virtual tour

None

Basement information

Building size

2400

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

--

Listed by EXP REALTY

Additional Details

Basement:N/A
Cooling:Unknown
Heating:Unknown
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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