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$1,450,000
39 Days On Site

309 CYR AVENUE
Ottawa, ON K1L7N6

For Sale|Multi Family|Active
8
Beds
5
Total Baths
Subdivision:
3404 - Vanier
County:
309 CYR AVENUE309 CYR AVENUE309 CYR AVENUE309 CYR AVENUE
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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:31684)

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Listing Snapshot
Price 
$1,450,000
Days On Site 
39 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
X12292814
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Parking Spaces 
5
Property Sub Type 
Multi Family
Stories 
Two
Interior Features
Heating 
BaseboardElectric
Bathroom 1 
Dimensions - 1.52 m X 2.16 mLevel - Second
Bathroom 2 
Dimensions - 2.44 m X 1.53 mLevel - Main
Bathroom 3 
Dimensions - 2.74 m X 3.36 mLevel - Main
Bedroom 2 
Dimensions - 3.66 m X 3.96 mLevel - Second
Bedroom 4 
Dimensions - 3.36 m X 3.06 mLevel - Main
Den 
Dimensions - 4.27 m X 3.35 mLevel - Basement
Dining Room 
Dimensions - 2.45 m X 2.76 mLevel - Main
Kitchen 
Dimensions - 2.29 m X 2.44 mLevel - Main
Laundry 
Dimensions - 2.74 m X 2.13 mLevel - Basement
Living Room 
Dimensions - 4.59 m X 3.05 mLevel - Main
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Exterior Features
Frontage 
64 ft

Listing courtesy of: Leo Trudel of SUTTON GROUP - OTTAWA REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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