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:25961)
Schedule a Tour
Schedule Private Tour
Biju George would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Biju George, who specializes in Ottawa real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Biju George find a property to match your lifestyle.
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Bedroom 2 | Second level | 3.67 m x 4.9 m |
| Living room | Second level | 3.69 m x 3.38 m |
| Dining room | Second level | 1.84 m x 2.44 m |
| Kitchen | Second level | 3.69 m x 3.06 m |
| Bathroom | Second level | 1.52 m x 2.16 m |
| Bedroom | Second level | 3.66 m x 3.96 m |
| Bedroom 2 | Second level | 3.66 m x 3.38 m |
| Laundry room | Basement | 4.3 m x 2.77 m |
| Den | Basement | 3.97 m x 2.77 m |
| Den | Basement | 4.27 m x 3.35 m |
| Laundry room | Basement | 2.74 m x 2.13 m |
| Living room | Main level | 3.35 m x 2.13 m |
| Bathroom | Main level | 2.44 m x 1.53 m |
| Living room | Main level | 2.76 m x 4.59 m |
| Dining room | Main level | 2.45 m x 2.76 m |
| Kitchen | Main level | 2.29 m x 2.44 m |
| Bedroom | Main level | 3.36 m x 3.06 m |
| Bathroom | Main level | 2.74 m x 3.36 m |
| Living room | Main level | 4.59 m x 3.05 m |
| Kitchen | Main level | 2.13 m x 3.38 m |
| Dining room | Main level | 2.45 m x 4.28 m |
| Kitchen | Main level | 2.44 m x 2.44 m |
| Bathroom | Main level | 2.75 m x 3.35 m |
| Bedroom | Main level | 2.75 m x 3.67 m |
| Den | Main level | 3.38 m x 2.45 m |
| Bedroom | Main level | 3.35 m x 2.44 m |
| Bedroom 2 | Main level | 3.35 m x 3.05 m |
| Bathroom | Main level | 2.44 m x 2.13 m |
| Living room | Main level | 5.82 m x 2.74 m |
| Kitchen | Main level | 1.86 m x 3.67 m |
| Bedroom | Main level | 2.77 m x 3.67 m |
Details
- Parking Spaces: 5
- Transaction: For sale
Building
- Appliances: Dryer, Hood Fan, Stove, Washer, Refrigerator
- BasementType: Full
- Bedrooms Main Level: 8
- Cooling: None
- Exterior Finish: Brick, Aluminum siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 5
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 3500 - 5000 sqft
- Stories Total: 2
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 64 ft
- Size Irregular: 64 x 96 FT
Listing provided by SUTTON GROUP - OTTAWA REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 309 CYR AVENUE in Ottawa Ontario. It was last modified on March 21st, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.