1368 Labrie Avenue, Ottawa, Ontario

About 1368 Labrie Avenue

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:6289)

More Info on this 2203 - Cyrville Rd./Industrial Park Offices MLS® listing

1368 Labrie Avenue is an offices listing for sale in Ottawa. The MLS® number is X13073624. It features 1 bathroom and covers 2,804 square feet. It's currently listed for $2,195,000. For more details on MLS® X13073624, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This offices listing in 2203 - Cyrville Rd./Industrial Park is available now!

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