1368 LABRIE Avenue
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
Property details
| MLS® Number | X13073622 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Land |
| Interior Size | 14,962 sq ft |
| Lot Size | 14,962 sq ft |
| Beds / Baths | 0 bed · 1 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 | $157 |
| Brokerage | SUTTON GROUP - OTTAWA REALTY |
Location
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