309 CYR AVENUE, Ottawa, Ontario, K1L7N6
MLS: X12905856 | Other
$1,375,000
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:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 8 (8 above)
- Bathrooms: 5
- Parking: 5.0 spaces (No Garage)
- Frontage: 64 ft (19.5 m)
Costs
- Annual Taxes: $8,759.00
Listing Provided by: SUTTON GROUP - OTTAWA REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Cooling: None
- Basement: Full
- Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan
Exterior & Construction
- Exterior: Brick, Aluminum siding
- Foundation: Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 64 ft (19.5 m)
Community & Neighbourhood
- Neighbourhood: 3404 - Vanier
Room Details (31 rooms)
Listing Information
Listing History
MLS listing activity for 309 CYR AVENUE, Ottawa, Ontario, K1L7N6 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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309 CYR AVENUE, Ottawa, Ontario, K1L7N6