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Tuesday, July 28th, 2026

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$2,350,000
Available - For Sale
Listing ID: X13073624
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.
Price $2,350,000
Taxes: $7,307.84
Tax Type: Annual
Occupancy by: Tenant
Address: 1368 LABRIE Avenue , Cyrville - Carson Grove - Pineview, K1B 3M1, Ottawa
Postal Code: K1B 3M1
Province/State: Ottawa
Legal Description: PT LT 25,CON2, O.F., PART1 , 4R11032 ; G
Lot Size: 30.48 x 150 (Feet)
Directions/Cross Streets: Cyrville Rd and St. Laurent Blvd.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Office
Building Percentage: T
Total Area: 2,804
Total Area Code:  Square Feet
Office/Appartment Area: 438
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - OTTAWA REALTY

1368 LABRIE Avenue , Cyrville - Carson Grove - Pineview, K1B 3M1, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Office
Area: Ottawa
Municipality: Cyrville - Carson Grove - Pineview
Neighbourhood: 2203 - Cyrville Rd./Industrial Park
Style:
Lot Size: 30.48 x 150.00(Feet)
Approximate Age:
Tax: $7,307.84
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com