1 Bathrooms

14,962 sqft Interior

6 Parking spaces

100 X 150 Ft ; 0 Lot size

3 days ago Listed

Forced Air

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 (id:28469)

Facts & features

Property

MLS® Number: X13073622
Property Type: Vacant Land
Neighbourhood: Cyrville
Community Name: 2203 - Cyrville Rd./Industrial Park
Amenities Near By: Public Transit
Parking Space Total: 6

Building

Bathroom Total: 1
Heating Fuel: Natural Gas
Heating Type: Forced Air
Size Interior: 14,962 Sqft
Utility Water: Municipal Water

Land

Acreage: No
Land Amenities: Public Transit
Sewer: Sanitary Sewer
Size Depth: 150 Ft
Size Frontage: 100 Ft
Size Irregular: 100 X 150 Ft ; 0
Size Total Text: 100 X 150 Ft ; 0
Zoning Description: H2f[2755] H(20)-h

The Cyrville Rd./Industrial Park market

6 Active listings

$2,195,000 Median asking price

At the area median This home

11 days Avg. time on market

Browse all Cyrville Rd./Industrial Park listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $9,719/mo
Ontario land transfer tax: $41,350 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

1368 Labrie Avenue, Ottawa, Ontario K1B 3M1 · Get directions

1368 Labrie Avenue