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1368 Labrie Avenue — photo 11368 Labrie Avenue — photo 21368 Labrie Avenue — photo 31368 Labrie Avenue — photo 437more photos

$2,195,000

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1368 Labrie Avenue

Cyrville Rd./Industrial Park, Ottawa, Ontario K1B3M1

For sale· Added

6+2 bed4 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13055586
Added
Apr 28, 2026 ()
Updated
Aug 12, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
2

Inside

Bedrooms
6+2
Bathrooms
4
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Appliances
Water Heater
Features
Level

Building

Basement
Finished, Full
Exterior
Aluminum siding
Foundation
Concrete
Parking
No Garage · 20 spaces

Land

Lot size
100 x 150 ft
Fencing
Fenced yard, Fully Fenced
Zoning
H2F[2755] H(20)-h

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable, Natural Gas Available

Location

Cross streets
Cyrville Rd and St. Laurent Blvd
Directions
Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (east) onto Ogilvie Rd. -Take the 1st right onto Cyrville Rd.-Turn right onto Labrie Ave.-Property is on ri

Running costs

Annual property tax
$7,308

Ask about this home

$2,195,000
1368 Labrie Avenue
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