1368 Labrie Avenue,Cyrville - Carson Grove - Pinevi, ON K1B 3M1
Cyrville - Carson Grove - Pinevi, ON K1B 3M1
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 # | X13073624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 131 |
| Listing Provided By | SUTTON GROUP - OTTAWA REALTY | X13073624 507803 |
Features
| Bath(s) | 1 |
|---|---|
| SQ Feet | 2,804 |
| Acreage | 0.06 |
Interior
| Cooling | Yes |
|---|---|
| Heat Source | Gas |
Exterior
| Community Features | Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 7307.84 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 25, CON2, O.F., PART1 , 4R11032 ; GLOUCESTER |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Cyrville - Carson Grove - Pinevi |
| Postal Code | K1B 3M1 |
| Area | 2203 Cyrville Rd. | Industrial Park |
| Listing VS Median (in K1B 3M1) | |
Price: $2,195,000 low | high Med: $2,195,000 sqft: 2,804 low | high Med: 8,883 $ / sqft: $783 low | high Med: $465 On site: 131 low | high Med: 131 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Cyrville - Carson Grove - Pinevi |
| Postal Code | K1B 3M1 |
| Area | 2203 Cyrville Rd. | Industrial Park |
| Listing VS Median (in K1B 3M1) | |
Price: $2,195,000 low | high Med: $2,195,000 sqft: 2,804 low | high Med: 8,883 $ / sqft: $783 low | high Med: $465 On site: 131 low | high Med: 131 | |