DAVID OIKLE

BROKER

1368 LABRIE AVENUE
Ottawa, Ontario K1B3M1

$2,350,000

ID# X9516075
Develop & Construct or Own & Operate - Be opportunistic in a transitioning neighborhood!\r\nRecently 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.\r\nCurrently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. \r\nUnit 1 (lower): Renovated 2bdrm $2100/month incl.\r\nUnit 2 (ground): Spacious-upgraded eat-in kitchen $1950/month incl.\r\nUnit 3 (upper): Bright-upgraded kitchen and bath $1940/month incl office outbuilding with bathroom\r\nFenced Year Yard: Vacant-previously leased for $1350/month for equipment storage - professionally graded with compacted gravel and separate gated entrance.\r\nStorage Shed: 2 Storage Units included with Unit 1&2\r\nParking: 8 spaces (included)\r\nCurrent gross income is 71k/year with potential to increase to 88k/year.\r\nNotices for rent increases of 2.5% take effect in October 2024.\r\nExisting leases 1yr+ (id:25961)

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General Inquiry
Courtesy of EXP REALTY

Listed on: July 13, 2024

On market: 248 days

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Address Price Bed Bath SqFt Area Sub Area Brokerage
200 - 424 CATHERINE STREET Ottawa
200 - 424 CATHERINE STREET
 $500 - - 189.45 x 131.96 FT ; 1 Ottawa EXP REALTY
2421 IRIS STREET Ottawa
2421 IRIS STREET
 $574,900 3 1 32 x 95 FT ; 0 Ottawa RIGHT AT HOME REALTY
4 - 5359 CANOTEK ROAD Ottawa
4 - 5359 CANOTEK ROAD
 $12 - - 161 x 807 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
1694 TOULOUSE CRESCENT Ottawa
1694 TOULOUSE CRESCENT
 $729,900 3 2 32.48 x 107.68 FT ; 0 Ottawa ROYAL LEPAGE PERFORMANCE REALTY
1008 WELLINGTON STREET W Ottawa
1008 WELLINGTON STREET W
 $6,995,000 - - 143 FT ; 1 Ottawa ACERTA REALTY INC.
A1 - 450 RIDEAU STREET Ottawa
A1 - 450 RIDEAU STREET
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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