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.
For sale
C$1,250,000
309 Cyr Ave, Ottawa, ON K1L 7N6
8beds
5baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 124 days |
- 4 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
SUTTON GROUP - OTTAWA REALTY
Source: TRREB,MLS®#: X12905856
Originating MLS®#: Ottawa Real Estate Board
Originating MLS®#: Ottawa Real Estate BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Bedroom
- Level: Main
- Dimensions: 2.75 x 3.67
Bedroom
- Level: Main
- Dimensions: 3.35 x 2.44
Bedroom
- Level: Main
- Dimensions: 2.77 x 3.67
Bedroom
- Level: Second
- Dimensions: 3.66 x 3.96
Bedroom
- Level: Main
- Dimensions: 3.36 x 3.06
Bedroom 2
- Level: Second
- Dimensions: 3.66 x 3.38
Bedroom 2
- Level: Main
- Dimensions: 3.35 x 3.05
Bedroom 2
- Level: Second
- Dimensions: 3.67 x 4.9
Bathroom
- Level: Main
- Dimensions: 2.44 x 1.53
Bathroom
- Level: Second
- Dimensions: 1.52 x 2.16
Bathroom
- Level: Main
- Dimensions: 2.44 x 2.13
Bathroom
- Level: Main
- Dimensions: 2.75 x 3.35
Bathroom
- Level: Main
- Dimensions: 2.74 x 3.36
Den
- Level: Basement
- Dimensions: 3.97 x 2.77
Den
- Level: Main
- Dimensions: 3.38 x 2.45
Den
- Level: Basement
- Dimensions: 4.27 x 3.35
Dining room
- Level: Main
- Dimensions: 2.45 x 2.76
Dining room
- Level: Main
- Dimensions: 2.45 x 4.28
Dining room
- Level: Second
- Dimensions: 1.84 x 2.44
Kitchen
- Level: Second
- Dimensions: 3.69 x 3.06
Kitchen
- Level: Main
- Dimensions: 2.44 x 2.44
Kitchen
- Level: Main
- Dimensions: 2.13 x 3.38
Kitchen
- Level: Main
- Dimensions: 2.29 x 2.44
Kitchen
- Level: Main
- Dimensions: 1.86 x 3.67
Laundry
- Level: Basement
- Dimensions: 2.74 x 2.13
Laundry
- Level: Basement
- Dimensions: 4.3 x 2.77
Living room
- Level: Main
- Dimensions: 3.35 x 2.13
Living room
- Level: Main
- Dimensions: 4.59 x 3.05
Living room
- Level: Second
- Dimensions: 3.69 x 3.38
Living room
- Level: Main
- Dimensions: 5.82 x 2.74
Living room
- Level: Main
- Dimensions: 2.76 x 4.59
Heating
- Baseboard, Electric
Cooling
- None
Features
- None
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Parking
- Total spaces: 5
- Parking features: Private
Features
- Stories: 2
- Pool features: None
Lot
- Size: 6,144 Square Feet
Details
- Parcel number: 042380034
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Aluminum Siding
- Foundation: Concrete
- Roof: Flat
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$8,759
- Date on market: 3/21/2026
SUTTON GROUP - OTTAWA REALTY
SUTTON GROUP - OTTAWA REALTY
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Overbrook
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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