Living (2.13 × 3.35)
Level: Main
309 Cyr Ave
Vanier, Ottawa, Ontario K1L 7N6
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X12905856
- Board
- TRREB MLS®
- Days on market
- Tax
- $8,759
- Size
- 3500-5000 sqft
- Lot
- 64 × 96 Feet
- Parking
- None, 5 Parking
Listing History
Buy/Sell history for 309 Cyr Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,250,000 | N/A | Pc | X12905856 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Vanier
- Municipality
- Ottawa
Inside
- Bedrooms
- 8
- Bathrooms
- 5
- Bathroom Detail
- 5, 3pc, Ground
- Basement Type
- Full
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 5
- Total Parking
- 5
Land
- Sewer
- Sewers
- Lot Size
- 64 × 96 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- 5 refrigerators, 5 stoves, 5 hood fans, 5 washers, 5 dryers
Rooms (31)
Kitchen (3.38 × 2.13)
Level: Main
Br (2.44 × 3.35)
Level: Main
2nd Br (3.05 × 3.35)
Level: Main
Bathroom (2.13 × 2.44)
3 Pc Bath · 3 Pc Bath
Level: Main
Den (3.35 × 4.27)
Level: Bsmt
Laundry (2.13 × 2.74)
Level: Bsmt
Living (2.74 × 5.82)
Level: Main
Kitchen (3.67 × 1.86)
Level: Main
Br (3.67 × 2.77)
Level: Main
Bathroom (1.53 × 2.44)
3 Pc Bath
Level: Main
Laundry (2.77 × 4.3)
Level: Bsmt
Den (2.77 × 3.97)
Level: Bsmt
Living (4.59 × 2.76)
Level: Main
Dining (2.76 × 2.45)
Level: Main
Kitchen (2.44 × 2.29)
Level: Main
Br (3.06 × 3.36)
Level: Main
Bathroom (3.36 × 2.74)
3 Pc Bath
Level: Main
2nd Br (4.9 × 3.67)
Level: 2nd
Living (3.05 × 4.59)
Level: Main
Dining (4.28 × 2.45)
Level: Main
Kitchen (2.44 × 2.44)
Level: Main
Bathroom (3.35 × 2.75)
3 Pc Bath
Level: Main
Br (3.67 × 2.75)
Level: Main
Den (2.45 × 3.38)
Level: Main
Living (3.38 × 3.69)
Level: 2nd
Dining (2.44 × 1.84)
Level: 2nd
Kitchen (3.06 × 3.69)
Level: 2nd
Bathroom (2.16 × 1.52)
3 Pc Bath
Level: 2nd
Br (3.96 × 3.66)
Level: 2nd
2nd Br (3.38 × 3.66)
Level: 2nd
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 10 on record nearby 7 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- 3 water-supply wells recorded within 250 m2 of them were drilled for domestic use; 21 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 5.3 m.
- Groundwater recorded about 2.1 m below ground nearbyThe middle water level in the well records within 500 m (136 records). It changes with the season and from spot to spot.
- Bedrock about 4 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 2.8 km
Province of Ontario open data
Around the home
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 170 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Municipal transit open data · Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Royal Canadian Mint — Ottawa, 2.9 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 3 federal contaminated sites within 1 km3 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,730
- Down payment$250,000
- Mortgage amount$1,000,000
- Total interest$719,000
- Total cost$1,969,000
Cash flow analysis
$5,730
Total monthly payment
$6,460
Break-even down payment
100%
Cash flow-$6,460
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,250,000
$1,250,000
CAD
Estimated market value
Inquire about this listing
Connect directly with Kassaundra Dobson, Broker of Record.
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