- Bedrooms
- 8
- Bathrooms
- 5
- Size
- 3,500–5,000sq ft
- Per sq ft
- $294at the range’s middle
- Lot
- 64 x 96 ft
- Tax a year
- $8,7592025 tax year
- Built
- 51-99
- Parking
- 5none
- Days on market
- Members
The brief
About 309 Cyr Ave
309 Cyr Ave is an 8-bedroom, 5-bathroom multiplex in Vanier, Ottawa, listed for sale at an asking price of $1,250,000 (MLS® X12905856).
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!
Insights
Condition Score
Good83/1004 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,759 / 2025
- MLS® number
- X12905856
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 51-99
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 64 x 96 ft
- Listed on
- Parking
- None, 5 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Vanier
- Municipality
- Ottawa
Building
- Size
- 3500-5000 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 8
- Bathrooms
- 5
- Bathroom Details
- 5 × 3pc Ground
- Basement Type
- Full
- Kitchens
- 5
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 5
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 64 ft
- Depth
- 96 ft
- Lot Size
- 64 x 96 ft
Additional
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 5 refrigerators, 5 stoves, 5 hood fans, 5 washers, 5 dryers
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.13 × 3.35 m | — | Main |
| Kitchen | 3.38 × 2.13 m | — | Main |
| Br | 2.44 × 3.35 m | — | Main |
| 2nd Br | 3.05 × 3.35 m | — | Main |
| Bathroom | 2.13 × 2.44 m | 3 Pc Bath, 3 Pc Bath | Main |
| Den | 3.35 × 4.27 m | — | Bsmt |
| Laundry | 2.13 × 2.74 m | — | Bsmt |
| Living | 2.74 × 5.82 m | — | Main |
| Kitchen | 3.67 × 1.86 m | — | Main |
| Br | 3.67 × 2.77 m | — | Main |
| Bathroom | 1.53 × 2.44 m | 3 Pc Bath | Main |
| Laundry | 2.77 × 4.3 m | — | Bsmt |
| Den | 2.77 × 3.97 m | — | Bsmt |
| Living | 4.59 × 2.76 m | — | Main |
| Dining | 2.76 × 2.45 m | — | Main |
| Kitchen | 2.44 × 2.29 m | — | Main |
| Br | 3.06 × 3.36 m | — | Main |
| Bathroom | 3.36 × 2.74 m | 3 Pc Bath | Main |
| 2nd Br | 4.9 × 3.67 m | — | 2nd |
| Living | 3.05 × 4.59 m | — | Main |
| Dining | 4.28 × 2.45 m | — | Main |
| Kitchen | 2.44 × 2.44 m | — | Main |
| Bathroom | 3.35 × 2.75 m | 3 Pc Bath | Main |
| Br | 3.67 × 2.75 m | — | Main |
| Den | 2.45 × 3.38 m | — | Main |
| Living | 3.38 × 3.69 m | — | 2nd |
| Dining | 2.44 × 1.84 m | — | 2nd |
| Kitchen | 3.06 × 3.69 m | — | 2nd |
| Bathroom | 2.16 × 1.52 m | 3 Pc Bath | 2nd |
| Br | 3.96 × 3.66 m | — | 2nd |
| 2nd Br | 3.38 × 3.66 m | — | 2nd |
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 |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,250,000 | N/A | Pc | X12905856 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $250,000
- Total mortgage amount
- $1,000,000
- Total interest payment
- $710,900
- Total purchase cost
- $1,960,900
- Mortgage payment
- $5,703/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$6,433- Rent $0
- Shortfall $6,433
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $21,475
- Total land transfer tax
- $21,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $17,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,250,000
- $17,000
- Ontario total
- $21,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 6,144 sq ft571 m²
- Street frontage
- 64 ft19.5 m
- Depth
- 96 ft29.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation6
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 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.250 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.500 m
- Bedrock about 4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.8 km2.8 km
Province of Ontario open data
Around the home2
- 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.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- 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.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- 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.30 m
- 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor 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.
The market
Multiplexes for sale in Vanier right now
- For sale now
- 5
- Median asking price
- $1.8M
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $1.38M to $2.2M
1 in 28 days
1 listing
This home is asking 31% below the median, lower than three quarters of them.
See all homes in VanierAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| uOttawa | OC Transpo light rail: O-Train Line 1 | 1.9 km |
| Tremblay | OC Transpo light rail: O-Train Line 1 | 1.9 km |
| Lees | OC Transpo light rail: O-Train Line 1 | 2.1 km |
| St-Laurent | OC Transpo light rail: O-Train Line 1 | 2.4 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Assumption Catholic Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 200 m | 66%Grade 6 average |
| École élémentaire catholique Horizon-JeunesseConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–6 | 250 m | 85%Grade 6 average |
| École élémentaire publique Mauril-BélangerConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades JK–6 | 400 m | 54%Grade 6 average |
| Robert E. Wilson Public SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 900 m | 70%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Ottawa Technical Secondary SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.4 km | 23%Grade 9 math |
| École secondaire publique De La SalleConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades 9–12 | 1.8 km | 74%Grade 9 math |
| École secondaire catholique de l’innovationConseil des écoles catholiques du Centre-Est | French-language Catholic · grades 9–12 | 2.3 km | 67%Grade 9 math |
| Immaculata High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 3 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Vanier are shown to signed-in members.