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Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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  • Properties
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    • Land Transfer Tax Calculator
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    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
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309 Cyr Avenue, Vanier An...

Ottawa, K1L 7N6
  • 3500-5000 Sq-Ft
  • 8 Bedrooms
  • - Garage
  • 5 Bathroom
Start From
$ 1,250,000

Descripation

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!

Essential Information

  • Price: $1250000
  • For: Residential Freehold
  • Property Types: Multiplex
  • Area: 3500-5000 SQFT
  • Country: CA
  • City: Vanier and Kingsview Park
  • Garages:
  • Bedrooms: 8
  • Bathrooms: 5
  • Fronting On: North
  • Listing ID: X12905856
  • Cross Street: Montreal Road
  • Annual Property Tax: $ 8759
  • Lot Size:
  • Listing Brokerage: SUTTON GROUP - OTTAWA REALTY

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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