Listed by Sutton Group - Ottawa Realty.

1368 LABRIE Avenue is a Vacant Land, 2-Storey and is currently for Sale @ $2,350,000. Taxes in 2025 were $7,307.84.

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DEVELOPMENT SITE STEPS TO LRT. The 2-Storey on 1368 LABRIE Avenue has 6 bedrooms, 4 bathrooms, and is located on a 150 x 100 ft loton Not Applicable acres in the community of Cyrville Rd./Industrial Park . 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.

The address 1368 LABRIE Avenue was listed for sale (MLS# X13073620) on Tuesday, April 28, 2026.