$2,195,000
 $11,783 est/mo Sourced by Back At You

1368 Labrie Avenue,Cyrville - Carson Grove - Pinevi, ON K1B 3M1

Cyrville - Carson Grove - Pinevi, ON K1B 3M1

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Description

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

Details

MLS #X13073622
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site184
Listing Provided BySUTTON GROUP - OTTAWA REALTY | X13073622 507803

Features

Bath(s)1
SQ Feet14,962
Acreage0.34

Interior

Heat SourceGas

Exterior

Community FeaturesPublic Transit
Security FeaturesUnknown

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount7307.84
Tax TypeAnnual
Tax Legal DescriptionPT LT 25, CON2, O.F., PART1 , 4R11032 ; GLOUCESTER
Tax Year2025

Area Information

ProvinceON
CountyOttawa
CityCyrville - Carson Grove - Pinevi
Postal CodeK1B 3M1
Area2203 Cyrville Rd. | Industrial Park
Listing VS Median (in K1B 3M1)
Price:
$2,195,000
low | high
Med:
$2,195,000
50% of Average
sqft:
14,962
low | high
Med:
8,883
90.629594973934% of Average
$ / sqft:
$147
low | high
Med:
$465
100% of Average
On site:
184
low | high
Med:
184
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CountyOttawa
CityCyrville - Carson Grove - Pinevi
Postal CodeK1B 3M1
Area2203 Cyrville Rd. | Industrial Park
Listing VS Median (in K1B 3M1)
Price:
$2,195,000
low | high
Med:
$2,195,000
50% of Average
sqft:
14,962
low | high
Med:
8,883
90.629594973934% of Average
$ / sqft:
$147
low | high
Med:
$465
100% of Average
On site:
184
low | high
Med:
184
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:34:33 PM PDT