Listed for:Listed Apr 28, 2026
$2,195,000

1368 Labrie Avenue

Ottawa (Cyrville Rd./Industrial Park), ON K1B 3M1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1368 Labrie Avenue, Ottawa, Cyrville Rd./Industrial Park

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1368 Labrie Avenue, Ottawa, Cyrville Rd./Industrial Park

Summarized Description

  • 0.34-acre site steps from Cyrville LRT Station.
  • Approved zoning for mid-rise residential development.
  • Potential for immediate development or income holding.
  • Triplex with three 2-bedroom units included.
  • Stable gross income of approximately $71K/year.
  • Large fenced yard with ample parking spaces.
  • Strong rental demand in evolving transit-oriented area.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,308
Land Transfer Tax Fee
$41,350

Basement Type
Full, Finished

Interior Features

Interior Extras
Water Heater Owned
Security Features
Unknown
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Fenced Yard
Other Structures
Fence - Full, Out Buildings, Storage

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Unknown, Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
100.00 ft
Lot Depth
150.00 ft
Lot Size
14962
Lot Shape
Rectangular

Exclusions

Exclusions
Tenant belongings are excluded

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
20

Heating & Cooling

Heat Source
Gas
Heat Type
Baseboard
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
6 + 2
Washrooms
4
Kitchens
5

Washrooms

  • 4-piece, Basement
  • 4-piece, Ground
  • 4-piece, Second
  • 4-piece, Flat

Municipality
Ottawa
Neighbourhood
Cyrville Rd./Industrial Park
Main cross streets
Cyrville Rd and St. Laurent Blvd.
Zoning
H2F[2755] H(20)-h
Directions
Driving (near Cyrville Transit Station): -Take 417 to exit 115 St. Laurent Blvd. -Turn right (east) onto Ogilvie Rd. -Take the 1st right onto Cyrville Rd.-Turn right onto Labrie Ave.-Property is on right side.

MLS® number
X13055586
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-28
Updated on
2026-08-07
Days on market
177 days
Possession date
2026-06-01
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
SUTTON GROUP - OTTAWA REALTY

Home Market Value

Current home valuation for 1368 Labrie Avenue, Ottawa, Cyrville Rd./Industrial Park, Ottawa, ON. Listed for $2,195,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 1368 Labrie Avenue, Ottawa, Cyrville Rd./Industrial Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$439,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,756,000$1,646,250$1,536,500$1,426,750
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$8,574monthly$8,038monthly$7,502monthly$6,966monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$41,350

Total Land Transfer Tax

$41,350

Around this home

0/100Loading...
0/100Loading...
0/100Loading...
Map unavailable

No schools found nearby

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.