309 Cyr Avenue, Ottawa, Ontario K1L 7N6 (29499210)

8 Bedrooms

5 Bathrooms

3,500 - 5,000 sqft Interior

5 Parking spaces

64 X 96 Ft Lot size

None Baseboard Heaters

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:28469)

Facts & features

Property

MLS® Number: X12905856
Property Type: Multi-family
Community Name: 3404 - Vanier
Parking Space Total: 5

Building

Bathroom Total: 5
Bedrooms Above Ground: 8
Bedrooms Total: 8
Age: 51 To 99 Years
Appliances: Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Type: Full
Cooling Type: None
Exterior Finish: Brick, Aluminum Siding
Foundation Type: Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 3,500 - 5,000 Sqft
Type: Other
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 96 Ft
Size Frontage: 64 Ft
Size Irregular: 64 X 96 Ft
Size Total Text: 64 X 96 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Rooms

Second Level

Bedroom 2 3.67 m x 4.9 m
Living Room 3.69 m x 3.38 m
Dining Room 1.84 m x 2.44 m
Kitchen 3.69 m x 3.06 m
Bathroom 1.52 m x 2.16 m
Bedroom 3.66 m x 3.96 m
Bedroom 2 3.66 m x 3.38 m

Basement

Laundry Room 4.3 m x 2.77 m
Den 3.97 m x 2.77 m
Den 4.27 m x 3.35 m
Laundry Room 2.74 m x 2.13 m

Main Level

Living Room 3.35 m x 2.13 m
Bathroom 2.44 m x 1.53 m
Living Room 2.76 m x 4.59 m
Dining Room 2.45 m x 2.76 m
Kitchen 2.29 m x 2.44 m
Bedroom 3.36 m x 3.06 m
Bathroom 2.74 m x 3.36 m
Living Room 4.59 m x 3.05 m
Kitchen 2.13 m x 3.38 m
Dining Room 2.45 m x 4.28 m
Kitchen 2.44 m x 2.44 m
Bathroom 2.75 m x 3.35 m
Bedroom 2.75 m x 3.67 m
Den 3.38 m x 2.45 m
Bedroom 3.35 m x 2.44 m
Bedroom 2 3.35 m x 3.05 m
Bathroom 2.44 m x 2.13 m
Living Room 5.82 m x 2.74 m
Kitchen 1.86 m x 3.67 m
Bedroom 2.77 m x 3.67 m

Location

309 Cyr Avenue, Ottawa, Ontario K1L 7N6 · Get directions