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:47423)
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Detailed Information
Lot
100 x 150 ft
Listing Contract Date
2024-07-13
Location Description
Driving (near Cyrville Transit Station): \r\n-Take 417 to exit 115 St. Laurent Blvd. \r\n-Turn right (east) onto Ogilvie Rd. \r\n-Take the 1st right onto Cyrville Rd.\r\n-Turn right onto Labrie Ave.\r\n-Property is on right side.
Maintenance Fee Type
Insurance
# of Parking Spaces
20
Property Type
Office
Transaction Type
For sale
Zoning Description
TD1[2755]-h
Building
Type
Offices
Land
Total Size
Unit=100 x 150 FT ; 0
Size of Irregular Land
Unit=100 x 150 FT ; 0
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