1368 Labrie Avenue, Ottawa
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:1945)
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Property details for 1368 Labrie Avenue, Ottawa
- Type
- Lots and Land
- Bathrooms
- 1
- Living Area
- 14,962 square feet
- Lot Size
- 100 x 150 FT ; 0
- Heating
- Forced air, Natural gas
- Annual Taxes
- $7,308
Nearby Listings Stat
Estimated price and comparable properties near 1368 Labrie Avenue
Active Listings
34
Min Price
$169,000
Max Price
$2,195,000
Avg Price
$526,217
Days on Market
101
days
Sold Listings
10
Min Sold Price
$195,000
Max Sold Price
$699,900
Avg Sold Price
$450,660
Days until Sold
52
days
Neighbourhood Census Data
Ottawa, Ontario
Population
280
Median Age
50.2
Median Income
$28,501
Dwelling Value
$377,155
Housing Tenure
Owners 64%
Renters 36%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 202.8/km²
Avg Shelter Cost: $1,162/mo
Owners with Mortgage: 37.5%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 44.6%
French only: 5.4%
English and French: 48.2%
Neither: 1.8%
Median Household Income: $58,240
Median Employment Income: $27,968
Price History
Listed
May 2, 2026
by SUTTON GROUP - OTTAWA REALTY
Current Price
$2,195,000
-6.6% from last change
Type
Lots and Land
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,195,000 | $155,000 (-6.6%) |
| Aug 7, 2026 | $2,350,000 | Listed |
