See all 43 photos
43 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,195,000
Est. payment /mo
1 Bath
14,962 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 14,962 sqft
Price per Sqft $146
Subdivision 2203 - Cyrville Rd./Industrial Park
MLS Listing ID X13073622
Annual Tax Amount $7,307
Tax Year 2025
Lot Size 0.343 Acres
Property Sub-Type Land
Property Description
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
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Kitchen 0
Interior
Heat Source Gas
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 100.0
Lot Depth 150.0
Others
Security Features Unknown
ParcelsYN No
Read Less Info
Listed by SUTTON GROUP - OTTAWA REALTY
Nearby Locations
GET MORE INFORMATION
