$1,450,000
Available - For Sale
Listing ID: X12292814
309 Cyr Aven , Vanier and Kingsview Park, K1L 7N6, 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. |
| Price | $1,450,000 |
| Taxes: | $8759.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 309 Cyr Aven , Vanier and Kingsview Park, K1L 7N6, Ottawa |
| Directions/Cross Streets: | Montreal Road |
| Rooms: | 30 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| 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 | |
| Room 4 | Main | Bedroom 2 | 10.99 | 10 | |
| Room 5 | Main | Bathroom | 8 | 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 | 6.1 | 12.04 | |
| Room 10 | Main | Bedroom | 9.09 | 12.04 | |
| Room 11 | Main | Bathroom | 8 | 5.02 | 3 Pc Bath |
| Room 12 | Basement | Laundry | 14.1 | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Ground |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Ground |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| 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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP - OTTAWA REALTY |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3404 - Vanier |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $8,759 |
| Beds: | 8 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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