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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,250,000

Est. payment | -/mo

8 Beds

5 Baths

3,500 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

8 Beds

5 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $357

Subdivision 3404 - Vanier

MLS® Listing ID X12905856

Bedrooms 8

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.67 m X 4.9 m Bedroom 2

Extra Room 2 Second level 3.69 m X 3.38 m Living room

Extra Room 3 Second level 1.84 m X 2.44 m Dining room

Extra Room 4 Second level 3.69 m X 3.06 m Kitchen

Extra Room 5 Second level 1.52 m X 2.16 m Bathroom

Extra Room 6 Second level 3.66 m X 3.96 m Bedroom

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by SUTTON GROUP - OTTAWA REALTY

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+1(647) 493-3579

info@tonyledi.com

CAN

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309 CYR AVENUE Ottawa, ON K1L7N6