Gurvinder Nokwal REALTOR®
For Sale Multiplex 212 days on market

$1,250,000 ↓ $125,000 from $1,375,000

Est. payment $5,535/moCalculate yours

309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6

3404 - Vanier, Vanier and Kingsview Park, ON K1L 7N6

  • 8 Beds
  • 5 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of SUTTON GROUP - OTTAWA REALTY MLS® X12905856

About this home

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

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
Price Change
Approximate Age
51-99
Size
3,500 sqft

Interior

Bedrooms
8
Bathrooms
5
Kitchens
5
Basement
Full

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
64 x 96 Feet
Parking
None garage · 5 total

Financial

Property Taxes
$8,759 (2025)

Location

Neighbourhood
3404 - Vanier
Cross Street
Montreal Road
Direction Faces
North

Listing

MLS® Number
X12905856
Days on Market
212
Listed On
2026-03-20
Listed By
SUTTON GROUP - OTTAWA REALTY

Rooms

Room Level Dimensions
Bedroom 2 Second 12′ 0″ × 11′ 1″
Bathroom Main 8′ 0″ × 5′ 0″
Bathroom Second 5′ 0″ × 7′ 1″
Living Room Main 11′ 0″ × 7′ 0″
Bathroom Main 8′ 0″ × 7′ 0″
Kitchen Second 12′ 1″ × 10′ 0″
Kitchen Main 8′ 0″ × 8′ 0″
Bedroom Main 9′ 0″ × 12′ 0″
Living Room Main 15′ 1″ × 10′ 0″
Bedroom Main 11′ 0″ × 8′ 0″
Den Basement 13′ 0″ × 9′ 1″
Bathroom Main 9′ 0″ × 11′ 0″
Bedroom 2 Main 11′ 0″ × 10′ 0″
Bedroom Main 9′ 1″ × 12′ 0″
Bedroom Second 12′ 0″ × 13′ 0″
Kitchen Main 7′ 0″ × 11′ 1″
Living Room Second 12′ 1″ × 11′ 1″
Bedroom 2 Second 12′ 0″ × 16′ 1″
Living Room Main 19′ 1″ × 9′ 0″
Den Main 11′ 1″ × 8′ 0″
Dining Room Main 8′ 0″ × 9′ 1″
Laundry Basement 9′ 0″ × 7′ 0″
Bedroom Main 11′ 0″ × 10′ 0″
Dining Room Main 8′ 0″ × 14′ 1″
Living Room Main 9′ 1″ × 15′ 1″
Kitchen Main 7′ 6″ × 8′ 0″
Dining Room Second 6′ 0″ × 8′ 0″
Den Basement 14′ 0″ × 11′ 0″
Bathroom Main 9′ 0″ × 11′ 0″
Laundry Basement 14′ 1″ × 9′ 1″
Kitchen Main 6′ 1″ × 12′ 0″

Features

Interior

  • None

Pool

  • None
Included
5 refrigerators, 5 stoves, 5 hood fans, 5 washers, 5 dryers
Excluded
Tenants belongings

Mortgage calculator

Minimum for this price: $100,000 (8%)

Amortization, years

Estimated mortgage payment

$5,535 per month

Principal and interest
$5,535
Property tax
$730
Estimated monthly cost
$6,265

Your mortgage

Mortgage amount
$1,000,000
Mortgage insurance
Not needed
Interest over 25 years
$660,419

Cash to close

Down payment
$250,000
Land transfer tax
$21,475
Total, before legal fees
$271,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6 3404 - Vanier, Vanier and Kingsview Park, ON K1L 7N6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,250,000 309 Cyr Avenue, Vanier and Kingsview Park, ON K1L 7N6
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