1368 LABRIE AVENUE, 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. (id:25961)
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Details
- Amenities Nearby: Public Transit
- Features: Level
- Parking Spaces: 20
- Structure: Outbuilding
- Transaction: For sale
- Zoning Description: H2F[2755] H(20)-h
Building
- Appliances: Water Heater
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 6
- Bedrooms Lower Level: 2
- Cooling: Central air conditioning
- Exterior Finish: Aluminum siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 2
- Type: Other
- Utility Water: Municipal water
Land
- Amenities: Public Transit
- Fence: Fully Fenced, Fenced yard
- Sewer: Sanitary sewer
- Size Depth: 150 ft
- Size Frontage: 100 ft
- Size Irregular: 100 x 150 FT ; 0
This property for sale is located at 1368 LABRIE AVENUE in Ottawa. It was last modified on April 30th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
Listing provided by SUTTON GROUP - OTTAWA REALTY
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