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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,450,000
Available - For Sale
Listing ID: X12292814
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.
Price $1,450,000
Taxes: $8,759
Assessment Year: 2024
Occupancy by: Tenant
Address: 309 Cyr Aven , Vanier and Kingsview Park, K1L 7N6, Ottawa
Directions/Cross Streets: Montreal Road
Rooms: 30
Bedrooms: 8
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 10.99 6.99
Room 2: Main Kitchen 6.99 11.09
Room 3: Main Bedroom 10.99 8.00
Room 4: Main Bedroom 2 10.99 10.00
Room 5: Main Bathroom 8.00 6.99 3 Pc Bath, 3 Pc Bath
Room 6: Basement Den 14.01 10.99
Room 7: Basement Laundry 8.99 6.99
Room 8: Main Living Ro 19.09 8.99
Room 9: Main Kitchen 6.10 12.04
Room 10: Main Bedroom 9.09 12.04
Room 11: Main Bathroom 8.00 5.02 3 Pc Bath
Room 12: Basement Laundry 14.10 9.09
Room 13: Basement Den 13.02 9.09
Room 14: Main Living Ro 9.05 15.06
Room 15: Main Dining Ro 8.04 9.05
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Aluminum Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - OTTAWA REALTY

309 Cyr Aven , Vanier and Kingsview Park, K1L 7N6, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Multiplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3404 - Vanier
Style: 2-Storey
Lot Size: x 96.00(Feet)
Approximate Age: 51-99
Tax: $8,759
Maintenance Fee: $0
Beds: 8
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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