2
  • X12378118
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 10539 Sqft
  • Area Size

1549 MAXIME Street, Cyrville – Carson Grove – Pineview, ON K1B 3K9

  • $2,495,000

Description

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9,800 in monthly rental income (~$118,000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside.

Details

MLS® Number X12378118
Property Size 10539 Sqft
Updated on September 21, 2025 at 3:56 pm

Additional details

  • Utilities: Unknown
  • Sewer: Sanitary+Storm Available
  • Cooling: No
  • County: Ottawa
  • Property Type: Commercial Sale
  • Community Features: Major Highway,Public Transit

Address

  • Address: 1549 MAXIME Street
  • City: Cyrville - Carson Grove - Pineview
  • State/county: ON
  • Zip/Postal Code: K1B 3K9
  • Country: CA

Contact Information

Enquire About This Property

Similar Listings

Compare listings

Compare