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309 Cyr Avenue Ottawa, Ontario K1L 7N6

8 Bedroom 5 Bathroom 3,500 - 5,000 ft2
Baseboard Heaters

$1,450,000

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:37351)

Property Details

MLS® Number X12292814
Property Type Multi-family
Community Name 3404 - Vanier
ParkingSpaceTotal 5

Building

BathroomTotal 5
BedroomsAboveGround 8
BedroomsTotal 8
Age 51 To 99 Years
Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementType Full
ExteriorFinish Brick, Aluminum Siding
FoundationType Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 3,500 - 5,000 Ft2
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 96 Ft
SizeFrontage 64 Ft
SizeIrregular 64 X 96 Ft
SizeTotalText 64 X 96 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 2 3.67 m x 4.9 m
Second Level Living Room 3.69 m x 3.38 m
Second Level Dining Room 1.84 m x 2.44 m
Second Level Kitchen 3.69 m x 3.06 m
Second Level Bathroom 1.52 m x 2.16 m
Second Level Bedroom 3.66 m x 3.96 m
Second Level Bedroom 2 3.66 m x 3.38 m
Basement Laundry Room 4.3 m x 2.77 m
Basement Den 3.97 m x 2.77 m
Basement Den 4.27 m x 3.35 m
Basement Laundry Room 2.74 m x 2.13 m
Main Level Living Room 3.35 m x 2.13 m
Main Level Bathroom 2.44 m x 1.53 m
Main Level Kitchen 2.13 m x 3.38 m
Main Level Living Room 2.76 m x 4.59 m
Main Level Dining Room 2.45 m x 2.76 m
Main Level Kitchen 2.29 m x 2.44 m
Main Level Bedroom 3.36 m x 3.06 m
Main Level Bathroom 2.74 m x 3.36 m
Main Level Living Room 4.59 m x 3.05 m
Main Level Dining Room 2.45 m x 4.28 m
Main Level Kitchen 2.44 m x 2.44 m
Main Level Bathroom 2.75 m x 3.35 m
Main Level Bedroom 3.35 m x 2.44 m
Main Level Bedroom 2.75 m x 3.67 m
Main Level Den 3.38 m x 2.45 m
Main Level Bedroom 2 3.35 m x 3.05 m
Main Level Bathroom 2.44 m x 2.13 m
Main Level Living Room 5.82 m x 2.74 m
Main Level Kitchen 1.86 m x 3.67 m
Main Level Bedroom 2.77 m x 3.67 m

https://www.realtor.ca/real-estate/28622677/309-cyr-avenue-ottawa-3404-vanier

Contact Us

Contact us for more information

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Leo Trudel
Salesperson

(613) 808-6549
homefind.ca/
Sutton Group - Ottawa Realty
300 Richmond Rd Unit 400
Ottawa, Ontario K1Z 6X6

(613) 744-5000
(343) 545-0004
suttonottawa.ca/

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