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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 97 daysPrice drop · $125,000 off (-9.1%)

    309 Cyr Avenue

    Vanier·Ottawa, ON·K1L 7N6·Near Montreal Road

    • 8 beds
    Ottawa real estate›X12905856
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property 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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 24, 2026Price reducedCurrentReduced$1,250,000−$125,000 (9.1%)X12905856This page
    Mar 20, 2026ListedCurrentFor sale$1,375,000 —X12905856This page
    Jul 14, 2025Previously listedExp$1,399,900 —X12292814View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Baseboard
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 309 Cyr Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,141
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $730
    0.70% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $728,770
      Last 30 days
    • Median sold price
      $651,743
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      2,987
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 309 Cyr Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 309 Cyr Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 309 Cyr Avenue listed for?

      309 Cyr Avenue is listed at $1,250,000 on the MLS® (listing X12905856). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 309 Cyr Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 5 baths
  2. 3500-5000 sqft
  3. Multiplex
  4. Built 51-99
  5. Asking
    $1,250,000
    $0 / sqft · MLS® X12905856
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,384,663
    $1,273,890Confidence range$1,495,436
    Asking vs estimate
    ↓below
    −$134,663
    (-9.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 8 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ottawa sell in about 29 days — this one has been listed 97 days.

    Avg sold price
    $728,770
    Median sold
    $651,743
    Avg days on market
    29
    Recently sold
    2987
    See comparable sales
    AI highlights by Zara
    • 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.
    • Contact the listing agent for full financial statements, rent rolls, and to arrange a confidential viewing.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    5
    Driveway
    Private
  8. Interior

    4
    Basement
    Full
    Family room
    N
    Kitchens
    5
    Total rooms
    30
  9. Exterior & construction

    4
    Exterior
    Brick, Aluminum Siding
    Roof
    Flat
    Foundation
    Concrete
    Pool
    None
  10. Lot & land

    1
    Year built
    51-99
  11. Listing & possession

    3
    Possession
    2026-03-20T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Multiplex
  12. Room-by-room · 31 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    20 rooms
    • Bathroom
      3 Pc Bath
      8.0 × 5.0 ft
    • Living Room
      11.0 × 7.0 ft
    • Bathroom
      3 pc bath · 3 pc bath
      8.0 × 7.0 ft
    • Kitchen
      8.0 × 8.0 ft
    • Bedroom
      9.0 × 12.0 ft
    • Living Room
      15.1 × 10.0 ft
    • Bedroom
      11.0 × 8.0 ft
    • Bathroom
      3 Pc Bath
      9.0 × 11.0 ft
    • Bedroom 2
      11.0 × 10.0 ft
    • Bedroom
      9.1 × 12.0 ft
    • Kitchen
      7.0 × 11.1 ft
    • Living Room
      19.1 × 9.0 ft
    • Den
      11.1 × 8.0 ft
    • Dining Room
      8.0 × 9.1 ft
    • Bedroom
      11.0 × 10.0 ft
    • Dining Room
      8.0 × 14.0 ft
    • Living Room
      9.1 × 15.1 ft
    • Kitchen
      7.5 × 8.0 ft
    • Bathroom
      3 Pc Bath
      9.0 × 11.0 ft
    • Kitchen
      6.1 × 12.0 ft

    Second level

    7 rooms
    • Bedroom 2
      12.0 × 11.1 ft
    • Bathroom
      3 Pc Bath
      5.0 × 7.1 ft
    • Kitchen
      12.1 × 10.0 ft
    • Bedroom
      12.0 × 13.0 ft
    • Living Room
      12.1 × 11.1 ft
    • Bedroom 2
      12.0 × 16.1 ft
    • Dining Room
      6.0 × 8.0 ft

    Basement level

    4 rooms
    • Den
      13.0 × 9.1 ft
    • Laundry
      9.0 × 7.0 ft
    • Den
      14.0 × 11.0 ft
    • Laundry
      14.1 × 9.1 ft
    Combined estimate
    $6,871
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,141
    /mo
    based on the purchase price of $1,250,000
    $250,000 cash
    $1,000,000 financed
    $842,262 total interest
    Monthly payment$6,141/ month
    Principal54%$1,000,000
    Interest46%$842,262

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable multiplexs that just sold in Ottawa

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 681,683,685 Cole Avenue
      Sold
      Sign in for price
      681,683,685 Cole Avenue
      Multiplex
    • 2164 Blossom Drive
      Sold
      Sign in for price
      2164 Blossom Drive
      Multiplex
    • 33 Marier Avenue
      Sold
      Sign in for price
      33 Marier Avenue
      Multiplex
    • 177 Goulburn Avenue
      Sold
      Sign in for price
      177 Goulburn Avenue
      Multiplex
    • 1250 Trenton Avenue
      Sold
      Sign in for price
      1250 Trenton Avenue
      Multiplex
    • 370 Belisle Street
      Sold
      Sign in for price
      370 Belisle Street
      Multiplex
    AddressBd / BaSqftSold$/sqft% of askSold
    309 Cyr AvenueThis home8 / 535,005,000$1,250,000ask———
    681,683,685 Cole Avenue9 / 63,500—
    2164 Blossom Drive10 / 63,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More multiplexs in Ottawa

    Active listings within ±20% of this asking price.

    • 873 Kirkwood Avenue
      $1,499,900
      873 Kirkwood Avenue
      Multiplex 8 6
    • 879 Kirkwood Avenue
      $1,499,900
      879 Kirkwood Avenue
      Multiplex 8 6
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of SUTTON GROUP - OTTAWA REALTY · displayed on Summitly per MLS® data-share rules

    309 Cyr Avenue is a 8-bedroom, 5-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 309 Cyr Avenue built?

    309 Cyr Avenue was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 309 Cyr Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 309 Cyr Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 309 Cyr Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,250,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 309 Cyr Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 309 Cyr Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 309 Cyr Avenue in?

    309 Cyr Avenue is in Vanier, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  22. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 33 Marier Avenue
    10 / 5
    3,000
    —
    177 Goulburn Avenue15 / 83,500—
    1250 Trenton Avenue18 / 123,500—
    370 Belisle Street11 / 63,500—