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309 Cyr Avenue
homes for sale · Ottawa · Vanier
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$1,250,000

309 Cyr Avenue

Vanier, Ottawa · MLS® X12905856

855

House · Multi-family · 218 days on market

listed by Leo Trudel, SUTTON GROUP - OTTAWA REALTY

realtor's 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.

property details

type
House, Multi-family
bedrooms
8
bathrooms
5
parking
5
property tax
$8,759 / yr
days on market
218
MLS®
X12905856

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Hood Fan

monthly cost

$6,176/mo
Mortgage $5,446 · Tax $730

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,446/ monthly
loan $1,000,000
25-year amortization
total interest
$633,839
cash to close
$250,000
down payment; transfer tax and fees not included
total paid
$1,633,839

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Vanier, OttawaGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Leo Trudel
SUTTON GROUP - OTTAWA REALTY
call Leo · 613-808-6549
Powered by: REALTOR.ca

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