The Opportunity
Develop your dream residential project leveraging the professional package of reports and studies submitted for the recent successful rezoning. Approved TD1 zoning supports 6-storeys, and could create 65+ units in a convenient Transit-Oriented Development node adjacent to Cyrville Transit Station…
The Property
Income generating triplex on an oversized lot (100x150ft) with additional outdoor office building, outdoor storage lockers, and large fenced storage yard. Normalized income of approx. 68k/year. Highlights include a 5 minute walk to LRT, and many services and amenities on the doorstep of this rapidly intensifying area…
The Area
This LRT transit node is pre-defined to increase in density through the City’s Secondary Plan. Intensification initiatives include targets for designing and increasing pedestrian, cycling and green space networks as well as requirements for active street frontages along Cyrville Road. This is a densifying area with supportive planning policy to create an active and fully serviced future community…
The Investment
Key Metrics
Clickable links to details
The Site
Property Details
This property has potential normalized cash flow of 68k from five income-generating units; Mixed-use with commercial, residential and industrial. Three 2-bed apartments, 1 separate office building and large fenced storage yard. Main building has plenty of surface parking for all tenants.
UNIT 1
Spacious and newly renovated two bedroom apartment. Large open plan kitchen and family room area. Full 3 piece bathroom. Separate entrance. In-suite laundry. This unit comes with an outdoor storage unit and 2 dedicated parking spaces. Central heat and AC. Utilities and water included. Approximately 850sf.
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- Located less than 400m to the Cyrville Transit Station.
- Storage Shed: 1 Storage Unit included
- Parking: 2 spaces (included)
UNIT 2
UNIT 3
OFFICE
YARD
With experience as a private real estate investor, Jane became a realtor in 2021 to deepen her expertise and capitalize on the joy that comes from meaningfully connecting people to real estate opportunities. In addition to assisting clients with residential and commercial real estate, Jane is a development management consultant with experience managing large, complex projects like the “Farm Boy” building in Westboro (100M project).
- Cel: 613-620-3625
- Email: jane@kirch.ca