309 Cyr Avenue, Vanier and Kingsview Park, ON Image 1

$1,450,000

Multiplex For Sale
MLS - #X12292814
21 hours ago- By SUTTON GROUP - OTTAWA REALTY

309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6

8 Bed
5 Bath
3500-5000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

3500-5000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room3.35 x 2.13 mN/AMain
Kitchen2.13 x 3.38 mN/AMain
Bedroom3.35 x 2.44 mN/AMain
Bedroom 23.35 x 3.05 mN/AMain

About 309 Cyr Avenue

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.

Home Overview

Last updated

21 hours ago

Virtual tour

None

Basement information

Full

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full
Cooling:None
Heating:Baseboard
Parking Features:Private
1
Similar Homes Found
$990,000
Average Price
46.5%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 309 Cyr Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Cyr Avenue

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