1368 LABRIE AVENUE
Save1368 LABRIE AVENUE, 2203 - Cyrville Rd./Industrial Park, Ottawa
- Price
- $2,350,000
- Bedrooms
- 8
- Bathrooms
- 4
- Size
- —
- Type
- Other
- Year built
- —
Listing courtesy of SUTTON GROUP - OTTAWA REALTY
About this home
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:66700)
Location
2203 - Cyrville Rd./Industrial Park, Ottawa
Estimate your payment
A rough monthly cost for this home — adjust the numbers to fit your situation.
Estimated monthly payment
$10,923
or $5,462 bi-weekly
- Mortgage amount
- $1,880,000
- Total interest
- $1,397,042
Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.
Listing courtesy of SUTTON GROUP - OTTAWA REALTY
Listing data last updated April 30, 2026.
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