309 Cyr Avenue, Ottawa, Ontario

$1,399,900

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8

Beds

5

Baths

About 309 Cyr Avenue

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:6289)

Features of 309 Cyr Avenue

Listing # X12292814
Price $1,399,900
Bedrooms 8
Bathrooms 5.00
Acres 0.00
Type Multi-family

Community Information

Address 309 Cyr Avenue
Subdivision 3404 - Vanier
City Ottawa
Province Ontario
Postal Code K1L7N6

Amenities

Parking Spaces 5
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
Heating Electric Baseboard heaters
Cooling None
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick, Aluminum siding
Lot Description 64 x 96 FT
Foundation Concrete

Listing Details

OfficeSUTTON GROUP - OTTAWA REALTY

Listing Map

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