309 Cyr Avenue, Ottawa

309 Cyr Avenue
309 Cyr Avenue
309 Cyr Avenue
+42
8
 bed
5
 bath
5
 parking
3500 - 5000
 sqft
Multiplex
$1,250,000
For Sale
228 days
 on site
$1,250,000
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Size
-
Lot size
6144 sqft
Street frontage
-
Possession
2026-03-20
Price per sqft
$250 - $357
Taxes
$8,759 (2025)
Parking Type
-
Style
2-Storey
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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!
Broker: SUTTON GROUP - OTTAWA REALTY
MLS®#: X12905856
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
64 Ft
Lot depth:
96 Ft
Listed on:
Mar 21, 2026
Show all details
Rooms
LevelNameSizeFeatures
Second
Bedroom 2
12.0 x 11.1 ft
Main
Bathroom
8.0 x 5.0 ft
Second
Bathroom
5.0 x 7.1 ft
Show all
Instant estimate:
orto view instant estimate
$124,755
lower than listed price
i
High
$1,181,508
Mid
$1,125,245
Low
$1,068,983
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About 309 Cyr Avenue

Located at 309 Cyr Avenue, this Ottawa multiplex is available for sale. It was listed at $1250000 in March 2026 and has 8 beds and 5 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Living in this multiplex is easy. There is also Olmstead / Jeanne-Mance Bus Stop, nearby, with route Parliament <​> Hurdman nearby.