$1,450,000
8 bd • 5 ba • 3500 sf • Multifamily
309 Cyr Avenue
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$1,450,000
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309 Cyr AvenueOttawa, ON, K1L 7N6

Vanier South
  • 8 Bed
  • 5 Bath
  • 3500 Sqft
  • Multifamily

About this home

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. (id:32586)
Listed by: Leo Trudel, Salesperson, SUTTON GROUP - OTTAWA REALTY

Home facts and features

Price details
List Price
$1,450,000
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Home facts
Bedrooms
8
Full Bathrooms
5
Property Type
Multifamily
Lot Size
64 ft x 96 ft (6144 ft²)
Depth
96 ft
Frontage
64 ft
Exterior Finish
Brick, Aluminum siding
Heating Type
Baseboard heaters
Community
Agent details
Primary Agent
Leo Trudel
Primary Broker
SUTTON GROUP - OTTAWA REALTY
Listing details
Days on REW
99 Days
MLS® Number
X12292814
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board

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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Répit-Transit
  • Public
  • JK - 12
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
ÉEP Trille des Bois
  • Public
  • JK - 8
Robert E. Wilson Public School
  • Public
  • JK - 6
St Michael School
  • Catholic
  • K - 6
Ottawa Technical Secondary School
  • Public
  • 9 - 12
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data was last updated on 2025-10-24.
Call Agent
Salesperson
Leo Trudel
Phone:
(613) 808-6549
Office:
(613) 744-5000
Fax:
(343) 545-0004
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.