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
Bath 1
2804.0 sqft
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.
X13073624
Type
Commercial
Sub Type
Office
Bathrooms
1
Square Footage
2804.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13073624
Total Bedrooms
0
Total Bathrooms
1
Total Kitchens
0
Security Features
No
Lot Width
100.0
Lot Size
14962.0
Lot Size Units
SquareFeet
Garage Type
None
Cooling
Yes
Heat Source
Gas
Heat Type
Gas Forced Air Closed
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
2026-05-02T12:07:58Z
Media Updated
2026-05-02T12:07:59Z
Photos Updated
2026-05-02T12:07:59Z
Last Modified
2026-05-04T01:20:15Z
System Modified
2026-05-04T01:20:15.03058Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-12-28
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042630224
Parking Spaces
6
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.
