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1368 Labrie Avenue Ottawa, Ontario K1B 3M1

1 Bathroom 2,804 ft2
Fully Air Conditioned 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 X13073624
Property Type Office
Community Name 2203 - Cyrville Rd./Industrial Park
AmenitiesNearBy Public Transit
ParkingSpaceTotal 6

Building

BathroomTotal 1
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 2,804 Ft2
Type Offices
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 150 Ft
SizeFrontage 100 Ft
SizeIrregular 100 X 150 Ft ; 0
SizeTotalText 100 X 150 Ft ; 0
ZoningDescription H2f[2755] H(20)-h

https://www.realtor.ca/real-estate/29690456/1368-labrie-avenue-ottawa-2203-cyrville-rdindustrial-park

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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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