For Sale

1549 MAXIME Street, Cyrville - Carson Grove - Pineview, Ontario K1B 3K9

$0

1549 MAXIME Street, Cyrville - Carson Grove - Pineview, Ontario K1B 3K9 is For Sale and has a listing price of 2,495,000. The property is located in the Pineview neighbourhood . It's been on the website for 38 Days.

  • Investment
    Property Type
  • MLS ID: X12378118
  • Office Name REAL BROKER ONTARIO LTD.
Property 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.

Property Details
  • MLS ID: X12378118
  • Price: $2,495,000
  • Lot Depth: 131.93
  • Transaction Types: For Sale
  • Ref ID: X12378118
  • Year Built: N/A
  • Dir / Cross St: Maxime and Cyrville Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/03/2025 X12378118 $2,495,000 For Sale - -
11/08/2024 X10419473 $2,799,990 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Pineview
  • $531,772 Average List Price
    based on 1 year
  • 22 New Listings
    based on 30 days
  • 79 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.42 % Up
  • Sold (12mo) 38
  • Rented (12mo) 13

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Garage Type Y
  • Parking Spaces: 8
  • Taxes: $9,178
  • Last Status New
  • Original Price: $2,495,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 03/09/2025 17:53:40
  • Property Mgmt Co: Self-Managed
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