1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1
$2,350,000
1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1, Cyrville - Carson Grove - Pineview, ON
Bed 8
Bath 4
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.
Property Highlights
For Sale
MLS NO.
X13073620
Type
Residential Freehold
Sub Type
Vacant Land
Bedrooms
8
Bathrooms
4
Parking
20.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13073620
Living Area Range
1500-2000
Total Bedrooms
8
Bedrooms Above Grade
6
Bedrooms Below Grade
2
Total Bathrooms
4
Total Kitchens
5
Kitchens Above Grade
4
Kitchens Below Grade
1
Rooms Above Grade
22
Rooms Below Grade
5
Interior Features
Water Heater Owned
Fireplace
No
Central Vacuum Yn
No
Security Features
Unknown
Construction
Aluminum Siding
Roof
Unknown, Asphalt Shingle
Lot Width
100.0
Lot Size
14962.0
Lot Size Units
SquareFeet
Parking Features
Front Yard Parking
Parking Total
20.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, ON K1B 3M1
City
Cyrville - Carson Grove - Pineview
Neighbourhood
2203 - Cyrville Rd./Industrial Park
County / Region
Ottawa
Province / State
ON
Postal Code
K1B 3M1
Cross Street
Cyrville Rd and St. Laurent Blvd.
Directions
Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (east) onto Ogilvie Rd. -Take the 1st right onto Cyrville Rd.-Turn right onto Labrie Ave.-Property is on right side.
Country
CA
List Price
$2,350,000
Annual Taxes
$7,308
Tax Year
2025
Legal Description
PT LT 25,CON2, O.F., PART1 , 4R11032 ; GLOUCESTER
Possession Type
Flexible
Listing Office
SUTTON GROUP - OTTAWA REALTY
Board
Ottawa Real Estate Board
Original Entry
2026-05-02T12:07:26Z
Media Updated
2026-05-02T12:07:26Z
Photos Updated
2026-05-02T12:07:26Z
Last Modified
2026-05-04T01:20:57Z
System Modified
2026-05-04T01:20:57.930704Z
MLS Status
New
Architectural Style
2-Storey
Basement
Full, Finished
Ddfyn
Yes
Expiration Date
2026-12-28
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042630224
Parking Spaces
6
Property Features
Public Transit, Fenced Yard
Public Remarks
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.
