Develop & Construct or Own & Operate - Be opportunistic in a transitioning neighborhood! Recently 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. Currently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. Unit 1 (lower): Renovated 2bdrm $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: 8 spaces (included) Current gross 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+
MLS# | X9516075 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 108 |
Listing Provided By | EXP REALTY | Not Provided |
State | ON |
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County | Ottawa |
City | Cyrville - Carson Grove - Pinevi |
Zip Code | K1B 3M1 |
Area | 2203 Cyrville Rd. | Industrial Park |
Listing VS Median (in K1B 3M1) | |
Price: $2,350,000 low | high Med: $0 On Site: 108 low | high Med: |