48
See all 48 photos
$1,450,000
Est. payment /mo
8 Beds
5 Baths
New
309 Cyr AVE Vanier And Kingsview Park, ON K1L 7N6
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 3404 - Vanier
MLS Listing ID X12292814
Style 2-Storey
Bedrooms 8
Building Age 51-99
Annual Tax Amount $8,759
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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! Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing.
Location
Province ON
County Ottawa
Community 3404 - Vanier
Area Ottawa
Rooms
Family Room No
Basement Full
Kitchen 5
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 64.0
Lot Depth 96.0
Total Parking Spaces 5
Building
Foundation Concrete
Listed by SUTTON GROUP - OTTAWA REALTY