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    For Sale - 1368 LABRIE Avenue, Cyrville - Carson Grove - Pineview, Ontario

    Est payment $10,540/mo
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    Time on Jump  159 day

    AI Summary *

    • 0.34-acre site just steps from the Cyrville LRT Station.
    • Rezoned for mid-rise residential development with approved plans.
    • Potential for immediate development or income generation.
    • Includes triplex with three 2-bedroom units and office space.
    • Large fenced yard with 20 parking spaces and gated access.




    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
    Listing IDX13073622
    Address1368 LABRIE Avenue
    CityCyrville - Carson Grove - Pineview, Onta…
    Price$2,195,000
    Bath1 Full
    StyleLand
    Land Size14962
    TypeVacant Land
    StatusFor Sale

    Subtype LandCommunity Features Public TransitHeating / Cooling Gas Forced Air ClosedHeating Fuel GasSewer Sanitary

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    Listing Brokerage: SUTTON GROUP - OTTAWA REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1368 Labrie Avenue
    Cyrville - Carson Grove - Pineview , Ontario
    1 $2,195,000
    Get more info