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

$1,250,000
8
BD
5
BA
3,500
SqFt

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List Price
$1,250,000
Price Change
▼ $125,000 1781135056
MLS#
X12905856
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
8
Bathrooms
5
Living Area
3500-5000
Province
ON
Municipality
Vanier And Kingsview Park
Area
Ottawa
Neighborhood
3404 - Vanier
Subdivision
Montreal Road

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.

Additional Information

Taxes
$8,759
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
5
Exterior
Brick, Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
5
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.