For Sale: 1368 Labrie Avenue, Ottawa, ON - REW
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$2,350,000
8 bd • 4 ba • 1500 - 1999 sf • Land/Lot
1368 Labrie Avenue
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$2,350,000
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1368 Labrie AvenueOttawa, ON, K1B 3M1

East Industrial
  • 8 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Land/Lot

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:63626)
Listed by: Jane Kirchmann, Salesperson, SUTTON GROUP - OTTAWA REALTY

Home facts and features

Price details
List Price
$2,350,000
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Gross Taxes for 2026
$7,308
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
20
Parking Details
No Garage
Property Type
Land/Lot
Depth
150 feet
Frontage
100.0 feet
Exterior Finish
Aluminum siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Features
Level
Appliances
Water Heater
Community
Agent details
Primary Agent
Jane Kirchmann
Primary Broker
SUTTON GROUP - OTTAWA REALTY
Listing details
Days on REW
36 Days
MLS® Number
X13073620
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

É Élém C Des Pins
  • Catholic
  • JK - 6
Queen Mary Street Public School
  • Public
  • JK - 6
John Paul II Elementary School
  • Catholic
  • JK - 6
Carson Grove Elementary School
  • Public
  • JK - 5
Our Lady of Mount Carmel Elementary School
  • Catholic
  • JK - 6
Ottawa Technical Secondary School
  • Public
  • 9 - 12
St Michael School
  • Catholic
  • K - 6
ÉS C Centre professionnel et technique Minto
  • Catholic
  • 9 - 12
É Élém C Montfort
  • Catholic
  • JK - 6
Rideau High School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Jane Kirchmann
Phone:
(613) 620-3625
Office:
613-744-5000
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.