309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6
Vanier and Kingsview Park, ON, K1L 7N6 · 3404 - Vanier
About this property
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.
Features & Amenities
- Basement: Full
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 5 |
| Lot Size | 6,144 Feet |
| Basement | Full |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $8,759 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- Full
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 6144.00
- Lot Size Units
- Feet
- Lot Depth
- 96.00
- Lot Width
- 64.00
Financial & Tax
- Tax Annual Amount
- $8,759
- Tax Year
- 2025
- Possession Type
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 30
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Ottawa
- Cross Street
- Montreal Road
- Directions
- Turn left on to Montréal Rd/Ottawa 34, Turn right on to Cyr Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6, Vanier and Kingsview Park, ON, K1L 7N6