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$1.25M · 8 bed Multiplex · 3404 - Vanier, Vanier and Kingsview Park | MyPropertyScout

$1,250,000

309 Cyr Avenue

106 DOM

85106d

Map

⚡ Insider Deal

DOM 106

↓ $125KMotivated SellerPrice Reduced

$1,250,000

↓ $125KMotivated Seller

DOM106days

309 Cyr Avenue

Vanier and Kingsview Park · Ontario K1L 7N6

MLS® X12905856 · 3404 - Vanier · K1L 7N6

85TenantOccupied3500-5000 ft²MultiplexNoneFull106d$294/ft²Lot 64 x 96 ft$8,759 tax/yrBuilt 195175 yrs oldFull

Neighbourhood Range

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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 be…

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Property details

MLS#: X12905856
Status: Buy Now
Property class: Residential Freehold
Beds: 8
Baths: 5 full, 0 half
Rooms: 30
Kitchens: 5
Size: 3500-5000Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full
Style: 2-Storey
Type: Multiplex
Year built: 1951

PIN: 042380034
Roll / ARN: 061490020157100

Occupancy: Tenant Occupied
Washrooms: 3 pc · Ground
Family room: No
Central vacuum: No
Ensuite laundry: No

Roof: Flat
Foundation: Concrete

Garage: None
Garage spaces: 0
Parking: 5 total
Lot: 64 × 96
Heating: Baseboard
Heating fuel: Electric
Cooling: None
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Aluminum Siding
Fronting on: North
Cross street: Montreal Road
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: Private

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	2.13m × 3.35m
Main	Kitchen	3.38m × 2.13m
Main	Bedroom	2.44m × 3.35m
Main	Bedroom 2	3.05m × 3.35m
Main	Bathroom	2.13m × 2.44m
Basement	Den	3.35m × 4.27m
Basement	Laundry	2.13m × 2.74m
Main	Living Room	2.74m × 5.82m
Main	Kitchen	3.67m × 1.86m
Main	Bedroom	3.67m × 2.77m
Main	Bathroom	1.53m × 2.44m
Basement	Laundry	2.77m × 4.3m
Basement	Den	2.77m × 3.97m
Main	Living Room	4.59m × 2.76m
Main	Dining Room	2.76m × 2.45m
Main	Kitchen	2.44m × 2.29m
Main	Bedroom	3.06m × 3.36m
Main	Bathroom	3.36m × 2.74m
Second	Bedroom 2	4.9m × 3.67m
Main	Living Room	3.05m × 4.59m
Main	Dining Room	4.28m × 2.45m
Main	Kitchen	2.44m × 2.44m
Main	Bathroom	3.35m × 2.75m
Main	Bedroom	3.67m × 2.75m
Main	Den	2.45m × 3.38m
Second	Living Room	3.38m × 3.69m
Second	Dining Room	2.44m × 1.84m
Second	Kitchen	3.06m × 3.69m
Second	Bathroom	2.16m × 1.52m
Second	Bedroom	3.96m × 3.66m
Second	Bedroom 2	3.38m × 3.66m

Seller signals

Price movement & seller pressure

↓ $125KPrice reduction

MLS shows the seller reduced the asking price by $125,000 (from $1,375,000 to $1,250,000).

Motivated SellerWhy this label

106 days on market — Listing has been active for 106 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SUTTON GROUP - OTTAWA REALTY

Source: TRREB/PROPTX · MLS® X12905856

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$1.25M

309 Cyr Avenue · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,250,000✓ $8,759 tax✓ Electric✓ 3500-5000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$9,544/mo

incl. closing costs (yr 1)

Annual total

$114,529

year 1

Mortgage only

$4,742/mo

principal + interest

Beyond mortgage

$2,554/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$250,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$730/mo

Utilities

Hydro / electricity$553/mo

≈ $0.13/ft² × ~4,250 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$12,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$21,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $56,905/yr

Property taxes26% $30,234/yr

Utilities7% $8,190/yr

Insurance & security1% $1,600/yr

Maintenance11% $12,500/yr

Closing costs4% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$56,905	$4,742/mo
Government & taxes
Property tax	$8,759	$730/mo
Land transfer tax(closing)	$21,475	$1,790/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$6,630	$553/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$12,500	$1,042/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$114,529	$9,544/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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309 Cyr Avenue

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs