Listed for:Listed Mar 20, 2026
$1,250,000

309 Cyr Avenue

Ottawa (Vanier), ON K1L 7N6

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 309 Cyr Avenue, Ottawa, Vanier

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 309 Cyr Avenue, Ottawa, Vanier

Summarized Description

  • Turnkey 5-plex in desirable Ottawa neighborhood
  • Fully tenanted with reliable cash flow
  • Newly renovated exterior enhances curb appeal
  • Opportunity to increase rents and revenues
  • Strong tenancy history with quality tenants
  • Close to schools, transit, and shopping
  • Low maintenance property with strong upside potential
  • Schedule a private tour to explore this investment

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,759
Land Transfer Tax Fee
$21,475

Basement Type
Full

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Flat
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
64.00 ft
Lot Depth
96.00 ft
Lot Size
6144

Inclusions

Inclusions
5 refrigerators, 5 stoves, 5 hood fans, 5 washers, 5 dryers

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
8
Washrooms
5
Kitchens
5

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath, 3 Pc Bath
  • Den—
    Basement level
  • Laundry—
    Basement level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Laundry—
    Basement level
  • Den—
    Basement level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Bedroom 2—
    Second level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Bedroom—
    Main level
  • Den—
    Main level
  • Living Room—
    Second level
  • Dining Room—
    Second level
  • Kitchen—
    Second level
  • Bathroom—
    Second level, 3 Pc Bath
  • Bedroom—
    Second level
  • Bedroom 2—
    Second level

Washrooms

  • 3-piece, Ground

Municipality
Ottawa
Neighbourhood
Vanier
Main cross streets
Montreal Road
Directions
Turn left on to Montréal Rd/Ottawa 34, Turn right on to Cyr Ave

MLS® number
X12905856
Data source
Toronto Regional Real Estate Board
Listed on
2026-03-20
Updated on
2026-10-19
Days on market
220 days
Possession date
2026-03-20
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
SUTTON GROUP - OTTAWA REALTY

Home Market Value

Current home valuation for 309 Cyr Avenue, Ottawa, Vanier, Ottawa, ON. Listed for $1,250,000

HOMEH Estimate

?

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Estimated Sales Range

?

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HOMEH Estimate for 309 Cyr Avenue, Ottawa, Vanier

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $750,000 over $500K

Minimum down payment

$100,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$46,000$34,875$29,750$0
=Total mortgage
$1,196,000$1,159,875$1,092,250$1,000,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,839monthly$5,663monthly$5,333monthly$4,883monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$21,475

Total Land Transfer Tax

$21,475

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