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Listed price in listed location currency (CAD).
$2,350,000

846

MLS® X13055586

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $7,308
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13055586

Property Address: 1368 Labrie Ave, Gloucester, ON, K1B3M1

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberX13055586
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFull, Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 28, 2026List Date
$2,350,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1368 Labrie Ave, Gloucester, ON

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