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1368 Labrie Ave

Labrie AveSouth EndOttawaON, K1B 3M1

-
Beds
$2,350,000
List Price
1368 Labrie Ave, Ottawa, ON - 1 of 3
1368 Labrie Ave, Ottawa, ON - 2 of 3
1368 Labrie Ave, Ottawa, ON - 3 of 3
204 days on market

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... Show More

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+

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Property Details

Parking

20 Parking Spaces
-

Lot

Size
100′0″ * 150′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished, Full
Exterior
Other
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
Unknown

Heating & Cooling

Heating
Baseboard
Cooling
Central Air

Utilities

Water
-
Sewer
Sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$7,848

Source

Listing Brokerage

MLS® Listing
X9516074
Last Updated
January 31, 2025
Brokerage
EXP REALTY
Call us 800-591-0566

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