Size
-
Lot size
14962 sqft
Street frontage
-
Possession
2026-06-01
Price per sqft
$1,175 - $1,567
Taxes
$7,307.84 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: SUTTON GROUP - OTTAWA REALTY
MLS®#: X13073620
Property details
Parking:
20
Parking type:
-
Property type:
Vacant Land
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
30 Ft
Lot depth:
150 Ft
Listed on:
May 2, 2026
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