Central Air Conditioning
Baseboard Heaters, Forced Air
$2,350,000
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+ (id:28469)
Property Details
MLS® Number
|
1399921 |
Property Type
|
Multi-family |
Neigbourhood
|
Cyrville Industrial Park |
AmenitiesNearBy
|
Public Transit, Shopping |
Features
|
Flat Site |
ParkingSpaceTotal
|
20 |
StorageType
|
Storage Shed |
Building
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructionStyleAttachment
|
Attached |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Siding |
FlooringType
|
Laminate, Vinyl, Ceramic |
HeatingFuel
|
Electric, Natural Gas |
HeatingType
|
Baseboard Heaters, Forced Air |
StoriesTotal
|
2 |
Type
|
Triplex |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
FenceType
|
Fenced Yard |
LandAmenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
150 Ft |
SizeFrontage
|
100 Ft |
SizeIrregular
|
100 Ft X 150 Ft |
SizeTotalText
|
100 Ft X 150 Ft |
ZoningDescription
|
Td[2755]-h |
Utilities