1368 LABRIE Avenue

ActiveCyrville - Carson Grove - Pineview · 2203 - Cyrville Rd./Industrial Park96 days on marketMLS® X13073620

$2,350,000

$1,567 / sq ft

Bedrooms8

Bathrooms4

Interior1,500 sq ft

Lot Size14,962 sq ft

TypeLand

ListingFor Sale

Days on Market96

About this property

DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available. Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue. Property includes triplex (3 x 2-bedroom units), office outbuilding with kitchen & washroom, and large fully fenced yard with ~20 parking spaces and separate gated access. Nearby developments demonstrate strong lease-up performance, supporting continued rental demand in this LRT-connected location. Supporting due diligence materials available upon execution of a signed NDA. All showings to be coordinated through listing agent.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13073620
Status	Active
Listing Type	For Sale
Property Type	Land
Interior Size	1,500 sq ft
Lot Size	14,962 sq ft
Beds / Baths	8 bed · 4 bath
Neighbourhood	2203 - Cyrville Rd./Industrial Park
City	Cyrville - Carson Grove - Pineview
Postal Code	K1B 3M1
Province	ON
Listed Date	May 2, 2026
Days on Market	96
Price per Sq Ft	$1,567
Brokerage	SUTTON GROUP - OTTAWA REALTY