1549 MAXIME Street
Cyrville - Carson Grove - Pineview, ON
- 10,539 sqft
- Investment
- 363 days on market
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.
Listing Details
- Taxes (2024)
- $9,178
- Listed
- September 3, 2025
Price History
Listing history
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Property
- Lot Size
- 79.9 x 131.93 Feet
Parking
- Garage
- Unknown
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Maxime and Cyrville Road
- Zoning
- R1WW[637]
- Parcel Number
- 043580296
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Rental Items
- None
Community
Postal area K1B
- Population
- 17,769
- Private dwellings
- 6,866
- Median age
- 40.4
- Average household size
- 2.5
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cyrville - Carson Grove - Pineview · last 12 months
- Median sold price
- $430,000
- Homes sold
- 147
- Median days on market
- 20
- Sale-to-list price
- 97.9%
Based on 147 recorded sales of commercial properties in Cyrville - Carson Grove - Pineview over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 10,539 sq ft
- Price per sq ft
- $236.74
- Annual property tax
- $9,178
- Tax per sq ft
- $0.87
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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