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

For Sale 5 days on Market MLS® X13073620
Asking Price
$2,350,000
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Overview
Active
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.
Bedrooms
8
Bathrooms
4.0
Area
1,750 sqft
Lot Size
0.3 acres
Type
Vacant Land

Property Details

Year BuiltNot Disclosed
CityCyrville - Carson Grove - Pineview
Postal CodeK1B3M1
Lot Dimensions100.00 × 150.00 ft
Parking20 spaces

Interior Features

Heat: Forced Air
Heat Source: Gas
Cooling: Central Air
Style: 2-Storey

Exterior & Land

Sewer: Sewer
Construction: Aluminum Siding
Roof: Unknown, Asphalt Shingle

Utilities & Services

Heat SourceGas
SewerSewer

Financial Information

List Price$2,350,000
Annual Taxes$7,308 (2025)
Days on Market5
MLS® X13073620 • Listed by SUTTON GROUP - OTTAWA REALTY
1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1
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$2,350,000.00
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Effective Amortization30 Years
Property Location
1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1
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