309 Cyr Avenue, Ottawa
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:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 309 Cyr Avenue, Ottawa
- Type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 5
- Lot Size
- 64 x 96 FT
- Stories
- 2
- Basement
- Full
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Exterior
- Brick, Aluminum siding
- Annual Taxes
- $8,759
Nearby Listings Stat
Estimated price and comparable properties near 309 Cyr Avenue
Active Listings
2
Min Price
$1,250,000
Max Price
$2,780,000
Avg Price
$2,015,000
Days on Market
102
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
March 21, 2026
by SUTTON GROUP - OTTAWA REALTY
Current Price
$1,250,000
-9.1% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $1,250,000 | $125,000 (-9.1%) |
| Jun 10, 2026 | $1,375,000 | $24,900 (-1.8%) |
| Mar 21, 2026 | $1,399,900 | Listed |
Contact Agent Get in touch about 309 Cyr Avenue, Ottawa
Leo Trudel
SUTTON GROUP - OTTAWA REALTY