For Sale

1368 LABRIE Avenue, Ottawa, Ontario K1B3M1

$2,350,000

1368 LABRIE Avenue, Ottawa, Ontario K1B3M1 is For Sale and has a listing price of 2,350,000. The property is located in the East Industrial neighbourhood. It's been on the website for 136 Days.

  • Office
    Property Type
  • Offices
    Building Type
  • 20
    Parking Spaces
  • MLS ID: X9516075
  • Office Name EXP REALTY
Property Description

Develop & Construct or Own & Operate – Be opportunistic in a transitioning neighborhood!rnRecently 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.rnCurrently operates as Triplex-Office with three 2BDRM units, an office building and fenced storage yard. rnUnit 1 (lower): Renovated 2bdrm $2100/month incl.rnUnit 2 (ground): Spacious-upgraded eat-in kitchen $1950/month incl.rnUnit 3 (upper): Bright-upgraded kitchen and bath $1940/month incl office outbuilding with bathroomrnFenced Year Yard: Vacant-previously leased for $1350/month for equipment storage – professionally graded with compacted gravel and separate gated entrance.rnStorage Shed: 2 Storage Units included with Unit 1&2rnParking: 8 spaces (included)rnCurrent gross income is 71k/year with potential to increase to 88k/year.rnNotices for rent increases of 2.5% take effect in October 2024.rnExisting leases 1yr+ (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X9516075
  • Price: $2,350,000
  • Transaction Types: For Sale
  • Ref ID: 27168077
  • Year Built: N/A
  • Building Type: Offices
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
07/13/2024 X9516074 $2,350,000 For Sale - -
07/13/2024 X9516075 $2,350,000 For Sale - -
07/13/2024 1399921 $2,350,000 For Sale - -
07/13/2024 1399924 $2,350,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
East Industrial
  • $920,871 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.83 % Up
  • Sold (12mo) 6
  • Rented (12mo) 2

  • 1 Month Change -18.3%
  • 3 Month Change +52.4%
  • 6 Month Change +91.9%
Walkscore
  • 50 Walk Score
    Somewhat Walkable
  • 67 Transit Score
    Good Transit
  • 67 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    22.36%
  • Commercial
    41.28%
  • Condo
    34.64%
  • Land for Sale
    1.72%
Additional Details
  • Total Parking Spaces: 20
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/07/2024 00:00:00
  • Zoning Rs1f
  • Agent Name: JANE KIRCHMANN
  • Last Updated: 27/11/2024 17:40:09
Open House Dates
  • 1. 01/12/2024 (Start time: 3:00 PM - End time: 4:00 PM)
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