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1368 Labrie Avenue Ottawa, Ontario K1B 3M1

8 Bedroom 4 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

$2,350,000

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. (id:37351)

Property Details

MLS® Number X13055586
Property Type Multi-family
Community Name 2203 - Cyrville Rd./Industrial Park
AmenitiesNearBy Public Transit
Features Level
ParkingSpaceTotal 20
Structure Outbuilding

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsBelowGround 2
BedroomsTotal 8
Appliances Water Heater
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,500 - 2,000 Ft2
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
FenceType Fully Fenced, Fenced Yard
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 150 Ft
SizeFrontage 100 Ft
SizeIrregular 100 X 150 Ft ; 0
SizeTotalText 100 X 150 Ft ; 0
ZoningDescription H2f[2755] H(20)-h

Utilities

Cable Available
Electricity Installed
Natural Gas Available Available
Sewer Installed

https://www.realtor.ca/real-estate/29669749/1368-labrie-avenue-ottawa-2203-cyrville-rdindustrial-park

Contact Us

Contact us for more information


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Jane Kirchmann
Salesperson

(613) 620-3625

Sutton Group - Ottawa Realty
300 Richmond Rd Unit 400
Ottawa, Ontario K1Z 6X6

(613) 744-5000
(343) 545-0004
suttonottawa.ca/

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