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1368 LABRIE Avenue

1368 LABRIE Avenue

Cyrville - Carson Grove - Pineview, ON

  • 1 bath
  • 14,962 sqft
  • Land
  • 144 days on market
$2,195,000Price reduced 7%

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

Listing Details

Taxes (2025)
$7,308
Originally Listed
$2,350,000
Listed
April 28, 2026

Price History

Listing history

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Property

Lot Size
100 x 150 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary
Heat Source
Gas

Location & Legal

Cross Street
Cyrville Rd and St. Laurent Blvd.
Zoning
H2F[2755] H(20)-h
Parcel Number
042630224
Possession
Flexible
Occupancy
Tenant

Included

Exclusions
Tenant belongings are excluded.

Community

Postal area K1B

Population
17,769
Private dwellings
6,866
Median age
40.4
Average household size
2.5
Median household income
$96,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cyrville - Carson Grove - Pineview · last 12 months

Median sold price
$435,000
Homes sold
141
Median days on market
21
Sale-to-list price
98.0%

Based on 141 recorded sales of commercial properties in Cyrville - Carson Grove - Pineview over the last 12 months.

Listed by

SUTTON GROUP - OTTAWA REALTY

Walk Score

51

Walk

67

Transit

67

Bike

Scores by Walk Score®

Commercial figures

Building area
14,962 sq ft
Price per sq ft
$146.70
Annual property tax
$7,308
Tax per sq ft
$0.49

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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