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Listed by Exp Realty.
1368 LABRIE Avenue is a Triplex and is currently for Sale @ $2,350,000. Taxes in 2024 were $7,848.00.
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Flooring: Vinyl, Flooring: Ceramic, Flooring: Laminate, DEVELOP & CONSTRUCT or OWN & OPERATE - Be opportunistic in a transitioning neighborhood! Recently rezoned TD1 site on 0. The home on 1368 LABRIE Avenue has 0 bedrooms, 0 bathrooms, and is located on a 150.00 x 100.00 ft lot in the community of 2203 - Cyrville Rd./Industrial Park .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+
The address 1368 LABRIE Avenue was listed for sale (MLS# X9516074) on Saturday, July 13, 2024.
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