1368 LABRIE AVE, Cyrville - Carson Grove - Pineview, ON K1B 3M1
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1368 LABRIE AVE, Cyrville - Carson Grove - Pineview, ON K1B 3M1
1368 LABRIE AVE, Cyrville - Carson Grove - Pineview, ON K1B 3M1
1368 LABRIE AVE, Cyrville - Carson Grove - Pineview, ON K1B 3M1
1368 LABRIE AVE, Cyrville - Carson Grove - Pineview, ON K1B 3M1
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,195,000
Est. payment /mo
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Price Dropped by $155K

1368 LABRIE AVE Cyrville - Carson Grove - Pineview, ON K1B 3M1

1 Bath

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision 2203 - Cyrville Rd./Industrial Park

MLS Listing ID X13073624

Annual Tax Amount $7,307

Tax Year 2025

Property Sub-Type Office

Lot Depth 150.0

Lot Front 100.0

Property 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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Kitchen 0

Interior

Cooling Yes

Heat Source Gas

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 100.0

Lot Depth 150.0

Others

Security Features No

ParcelsYN No

Listed by SUTTON GROUP - OTTAWA REALTY

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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1368 LABRIE AVE

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