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$2,350,000
Ontario,Ottawa
For Sale Active
1368 LABRIE AVENUE, Ottawa, Ontario K1B3M1
  • 8
  • 4
  • 1500 - 2000Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13055586
  • Price: $2,350,000
  • Bedrooms: 8
  • Bathrooms: 4
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 290301
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fenced yard, Fully Fenced
  • Parking: No Garage
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
  • Utilities: Natural Gas Available, Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Ottawa, K1B3M1
  • Street: LABRIE
  • Street Number: 1368
  • Street Suffix: Avenue
  • Longitude: W76° 22' 36.8''
  • Latitude: N45° 25' 11.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 100 x 150 FT ; 0
  • Stories: 2.0
Financial
  • Tax Annual Amount: 7307.84
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Listing updated: 2026-06-18 14:04:18
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Listing Information
  • List Agent Key: 2138174
  • List Office Key: 290301
  • Modification Timestamp: 2026-04-30T15:15:43Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-04-30T15:08:29Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 14:04:18
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