1368 LABRIE Ave
1368 LABRIE Ave
1368 LABRIE Ave
+27
$2,350,000
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$2,350,000
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Size
-
Lot size
1393.55 sqm
Street frontage
S
Possession
Immediate
Price per sqm
-
Taxes
$7,848 (2024)
Parking Type
Other
Style
-
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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+

EXTRAS:
Broker: EXP REALTY
MLS®#: X9516074
Property details
Parking:
20
Parking type:
Other
Property type:
Triplex
Heating type:
Baseboard
Style:
-
MLS Size:
-
Lot front:
30.48 M
Lot depth:
45.72 M
Listed on:
Jul 14, 2024
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Instant estimate:
orto view instant estimate
$36,259
lower than listed price
i
High
$2,429,428
Mid
$2,313,741
Low
$2,198,054
Adam Hoffman
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9516074
Listed by EXP REALTY

About 1368 LABRIE Ave

Located at 1368 Labrie Ave, this Gloucester triplex is available for sale. 1368 Labrie Ave has an asking price of $2350000, and has been on the market since July 2024 Situated in Gloucester's Industrial Park neighbourhood, Alta Vista, Old Ottawa East, Sandy Hill and Lower Town are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.