$2,350,000
Available - For Sale
Listing ID: X13073622
1368 LABRIE Avenue , Cyrville - Carson Grove - Pineview, K1B 3M1, Ottawa
| 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 |
| Price | $2,350,000 |
| Taxes: | $7307.84 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1368 LABRIE Avenue , Cyrville - Carson Grove - Pineview, K1B 3M1, Ottawa |
| Postal Code: | K1B 3M1 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 25,CON2, O.F., PART1 , 4R11032 ; G |
| Lot Size: | 30.48 x 150.00 (Feet) |
| Directions/Cross Streets: | Cyrville Rd and St. Laurent Blvd. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 14962.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Sprinklers: | Unkn |
| Washrooms: | 1 |
| Heat Type: | Gas Forced Air Close |
| Sewers: | Sanitary |
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| SUTTON GROUP - OTTAWA REALTY |
|
|
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Ottawa |
| Municipality: | Cyrville - Carson Grove - Pineview |
| Neighbourhood: | 2203 - Cyrville Rd./Industrial Park |
| Lot Size: | 30.48 x 150.00(Feet) |
| Tax: | $7,307.84 |
| Baths: | 1 |
| Fireplace: | N |
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