Unknown for 309 Cyr Ave, Ottawa Ontario K1L 7N6
15 hours on Market

309 Cyr Ave, Ottawa, Ontario K1L 7N6

Townhouse
8
5
~3500-5000 sqft
$1,450,000
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Townhouse
8
5
~3500-5000 sqft

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Highlights

Property Estimate

Days on market15 hours

Estimated valueNot available

Price/Sqft$352/sqft

Monthly cost

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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! Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~3500-5000 SqFt
Lot Size6,144 SqFt(96 x 64)
Parking Spaces5
MLS ®NumberX12292814
Community NameOverbrook - McArthur
Data SourceTRREB
Listing bySUTTON GROUP - OTTAWA REALTY

Features

Heating: Baseboard
Basement: Full

2nd Floor

2nd Br

3.67 x 4.9

Living

3.69 x 3.38

Dining

1.84 x 2.44

Kitchen

3.69 x 3.06


Features

Lot size: 6,144 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jul 18, 2025
ListedActive
$1,450,000
15 hours on market
history photo preview48
Listing by trreb®

Market Data - Overbrook - McArthur

Geo Zone Map ThumbnailOverbrook - McArthur

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

114 days

Compared to

2024

0 day

2023

0 day

2022

6 days

New Listings

Past 30 days

6 listings

Compared to

2024

2 listings

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$1,705,000

Compared to

2022

$576,500


Population and Demographics

Overview

Total population 13803
Average household income $103,802

Age (%)

0 to 19
21%
20 to 34
24%
35 to 49
18%
50 to 64
20%
65 and plus
17%

Household composition (%)

Single family
48%
Single person
43%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
50%
French
27%
Arabic
8%
English and French
3%
Others
2%
Somali
2%
Spanish
2%
French and non-official language(s)
2%
Haitian Creole
1%

House tenancy (%)

Renters
71%
Owners
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget