131 days on Market

1368 LABRIE Ave, Cyrville - Carson Grove - Pineview, Ontario K1B 3M1

$2,350,000
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$10,092/mo

Tax Amount (2024)$7,848/yr

Days On Market131 days


Description

Flooring: Vinyl, Flooring: Ceramic, Flooring: Laminate, 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+


Property Details

Style-
View-
Age of property-
SqFt-
Lot Size15,000 SqFt(150 x 100)
Parking Spaces20
MLS ®NumberX9516074
Community NameEast Industrial
Data SourceTRREB

Features

Heating: Baseboard
Cooling: Central Air
Basement: Finished, Full

Features

Lot size: 15,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 20


Property History

Now
ListedFor Salefor$2,350,000Active
131 days on market
Listing by trreb®
history photo preview30
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Property listed by EXP REALTY, Brokerage

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