$2,350,000
FOR SALE

Office

Lot: 100 x 150 ft
2025 Taxes: $7,307.84

1368 LABRIE Ave
Cyrville - Carson Grove - Pineview, ON K1B 3M1 | 2203 - Cyrville Rd./Industrial Park | 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.
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Listed By SUTTON GROUP - OTTAWA REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13073624
Last Updated May 03, 2026
Property Summary
Property Type Office

More like this:
PIN 042630224
Legal Description PT LT 25,CON2, O.F., PART1 , 4R11032 ; GLOUCESTER
Taxes (2025) $7,307.84
Directions/Cross Streets Cyrville Rd and St. Laurent Blvd.
Neighbourhood 2203 - Cyrville Rd./Industrial Park
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Bathrooms 1
Lot 100 x 150 ft
Air Conditioning Yes
Garage Type None
Parking Spaces 6
Heat Source Gas
Heat Type Gas Forced Air Closed

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