$1,450,000

309 Cyr Avenue, Ottawa, Ontario

8

Beds

5

Baths

3,500

Square feet

X12292814

MLS® Number

89

Days on Website

For Sale

Listing Type

$1,450,000 | Vanier Ottawa Other for Sale at 309 Cyr Avenue Ottawa

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:6289)

Financial and Mortgage

List Price $1,450,000
Original Price $1,450,000
Monthly Payment $6,046/month
Get Prequalified
Days on Website 89
Price per square foot $414

309 Cyr Avenue Details

Show Less

Construction and Lot

Square Footage 3,500
Bedrooms 8
Bathrooms 5.00
Parking Spaces 5
Parking No Garage
Has Basement No
Foundation Concrete
Heating Electric Baseboard heaters
Exterior Brick, Aluminum siding
# of Stories 2

Exterior of 309 Cyr Avenue

Type Multi-family

Interior

Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
Fireplace No

Measurements

Square Footage 3,500

Vanier Information

About Vanier in Ottawa

Address 309 Cyr Avenue
Subdivision Vanier
City Ottawa
Province Ontario
Postal Code K1L7N6
Office/Brokerage SUTTON GROUP - OTTAWA REALTY

Vanier Map, Demographics, Characteristics

Book a Viewing of 309 Cyr Avenue and other Vanier homes.

See 309 Cyr Avenue and other Vanier homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12292814 309 Cyr Avenue in Vanier, Ottawa Ontario, or fill out the form below. Looking for more Vanier homes for sale in Ottawa? Our top Ottawa real estate specialists are ready to help you buy or sell in the Vanier area. Contact us today!

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