Living (2.13 × 3.35)
Level: Main
Vanier, Ottawa, Ontario K1L 7N6
Prime Investment Opportunity in Ottawa Turnkey 5-Plex with Excellent Returns: Welcome to 309 Cyr Avenue, an exceptional chance to secure a fully tenanted, income-producing 5-unit property in a desirable Ottawa neighbourhood. Whether you're an experienced investor or looking to grow your portfolio, this asset delivers reliable cash flow today with strong upside potential. This well-maintained 5-plex offers a versatile mix of spacious, updated units occupied by quality tenants. The exterior has been recently renovated, boosting curb appeal and minimizing capital expenditures in the years ahead. Inside, with room to further enhance rents and maximize income, this property has much upside potential. With steady income in place and under-market rents, this property is perfectly positioned for a new owner to unlock additional value through strategic updates and rental increases over time. Key Features: Five fully rented units with strong tenancy history; Newly renovated exterior low maintenance for years to come; Excellent location close to schools, transit, shopping, and Ottawas downtown core;; Opportunity to increase revenues and build long-term equity This is your chance to acquire a turnkey multi-unit property in one of Ottawas most robust rental markets. Properties of this calibre and income potential rarely become available. Don't wait, schedule your private tour today and see everything 309 Cyr Avenue has to offer!
Listing activity for 309 Cyr Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,250,000 | N/A | Pc | X12905856 |
Level: Main
Level: Main
Level: Main
Level: Main
3 Pc Bath · 3 Pc Bath
Level: Main
Level: Bsmt
Level: Bsmt
Level: Main
Level: Main
Level: Main
3 Pc Bath
Level: Main
Level: Bsmt
Level: Bsmt
Level: Main
Level: Main
Level: Main
Level: Main
3 Pc Bath
Level: Main
Level: 2nd
Level: Main
Level: Main
Level: Main
3 Pc Bath
Level: Main
Level: Main
Level: Main
Level: 2nd
Level: 2nd
Level: 2nd
3 Pc Bath
Level: 2nd
Level: 2nd
Level: 2nd
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Municipal transit open data · Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$5,730
Total monthly payment
$6,460
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,250,000
$1,250,000
CAD
Estimate unavailable
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