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:48755)
MLS® Number | X9516075 |
Property Type | Office |
Neigbourhood | Beacon Hill-Cyrville |
Community Name | 2203 - Cyrville Rd./Industrial Park |
Parking Space Total | 20 |
Type | Offices |
Acreage | No |
Size Depth | 150 Ft |
Size Frontage | 100 Ft |
Size Irregular | Unit=100 X 150 Ft ; 0 |
Size Total Text | Unit=100 X 150 Ft ; 0 |
Zoning Description | Td1[2755]-h |
Contact us for more information
Jane Kirchmann
Salesperson
(866) 530-7737
(647) 849-3180