$2,350,000
Available - For Sale
Listing ID: X13055586
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
Occupancy: Tenant
Address: 1368 LABRIE Avenue , Cyrville - Carson Grove - Pineview, K1B 3M1, Ottawa
Lot Size: 30.48 x 150.00 (Feet)
Directions/Cross Streets: Cyrville Rd and St. Laurent Blvd.
Rooms: 22
Rooms +: 5
Bedrooms: 6
Bedrooms +: 2
Family Room: F
Basement: Full, Finished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Basement
Washroom Type 2 4 Ground
Washroom Type 3 4 Second
Washroom Type 4 4 Flat
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 6
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Other Structures: Fence - Full,
Approximatly Square Footage: 1500-2000
Property Features: Public Trans, Fenced Yard
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - OTTAWA REALTY
Personal Picture
Hala Elkilany
Sales Representative
Dir:
647-502-2121
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Freehold - Multiplex
Area: Ottawa
Municipality: Cyrville - Carson Grove - Pineview
Neighbourhood: 2203 - Cyrville Rd./Industrial Park
Style: 2-Storey
Lot Size: 30.48 x 150.00(Feet)
Approximate Age:
Tax: $7,307.84
Maintenance Fee: $0
Beds: 6+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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