46 Carlyle Ave - Apartments FOR SALE


Ottawa, ON K0A 1B0- Downtown
$3,150,000 CAD
844-714-3620
46 Carlyle Ave, Ottawa, ON for Sale
$3,150,000 CAD
Apartments - FOR SALE
1/35
null | 5.29% Cap Rate

46 Carlyle Ave
Ottawa, ON K0A 1B0
Downtown


HIGHLIGHTS

  • 500m from Carleton Univeristy
  • Rare large format 4-bedroom units
  • 3 parking spaces

OVERVIEW

46 Carlyle Avenue presents the opportunity to acquire a well maintained, income producing seven unit multi-family asset consisting of six four-bedroom units and one two-bedroom unit in one of Ottawa’s most established and supply constrained rental corridors. The property’s large format unit mix is exceptionally well suited to the surrounding student and shared housing market, supporting strong rental demand, durable occupancy, and attractive income generation within a high barrier urban location. Located steps from Carleton University and surrounded by the Glebe, Old Ottawa South, and Bank Street amenities, the asset benefits from a deep and reliable tenant base driven by education, employment, transit connectivity, and lifestyle appeal. Supported by stable in place cash flow and future rental growth potential, 46 Carlyle Avenue offers investors a compelling combination of scale, income stability, and long term value creation within Ottawa’s resilient apartment market. Positioned between the Glebe and Old Ottawa South, the property is surrounded by some of Ottawa’s most established and walkable neighbourhoods, known for their vibrant retail streets, restaurants, green space, and enduring residential appeal. Residents enjoy immediate access to Bank Street, the Rideau River pathway network, public transit, and downtown Ottawa, reinforcing the property’s long term attractiveness to students, young professionals, and urban renters alike. For multi family investors, the location offers a compelling combination of stable tenancy, proven rental demand, and lasting neighbourhood desirability.

FOR SALE DETAILS

PRICE

$3,150,000 CAD

PRICE/SF

$467 CAD /SF

# OF UNITS

7

PRICE/UNIT

$450,000

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carlyle Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,269 SF

ZONING

R3Q(1574)

APN/PARCEL ID

061405260271200

ASK ABOUT THIS PROPERTY

Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
844-714-3620

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Susanne WilkinsDistrict Realty Corporation, BrokerageMore Info
844-714-3620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.