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1368 LABRIE Avenue

2203 - Cyrville Rd./Industrial Park, Cyrville - Carson Grove - Pineview, K1B 3M1

$2,195,000

Reduced $155,000 from $2,350,000

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  • 0 bedrooms
  • 1 bathrooms

Listed 172 days ago · MLS® X13073624

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.

Details

Type
Office
Lot
100 × 150 ft
Garage
None
Kitchens
0
Property tax
$7,308 (2025)
Neighbourhood
2203 - Cyrville Rd./Industrial Park
Municipality
Cyrville - Carson Grove - Pineview

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed, Gas
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
2,804 Square Feet

More

Possession
Flexible
Cross street
Cyrville Rd and St. Laurent Blvd.

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Cyrville LRT6 min walk
  • 🚇 St-Laurent LRT17 min walk

Within a 10-minute walk: 3 grocery stores, 8 cafés and restaurants, 4 parks, 1 pharmacy. Nearest grocery: Africa World Market (150 m). Nearest park: Marchand Park (200 m).

Schools nearby

Elementary

  • Des Pins Catholic Elementary School Catholic
    EQAO: Gr 6 reading 95%, math 84%    1.5 km
  • Queen Mary Street Public School
    EQAO: Gr 6 reading 67%, math 6%    1.7 km
  • St. John Paul II School Catholic
    EQAO: Gr 6 reading 67%, math 30%    1.7 km
  • Carson Grove Elementary School
    EQAO: Gr 3 reading 41%, math 18%    1.9 km

Secondary

  • Storefront School1.4 km
  • Ottawa Technical Secondary School
    EQAO: Gr 9 math 23%, literacy test 48%    2.2 km
  • Minto Professional and Technical Centre2.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1B

Owners / renters
67% / 33%
Median household income
$96,000
Average age
42
Children under 15
16%
Homes
33% detached, 15% high-rise
Commute by transit
15%
Population
17,769

Languages spoken most at home besides English: Arabic 3.7%, Spanish 1.1%, Tagalog (Pilipino, Filipino) 0.6%, Portuguese 0.5%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 6 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SUTTON GROUP - OTTAWA REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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