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Old Ottawa South · K1S 4Y4
$3,150,000
MLS® #X13200254
All photos · 18
About this property
46 Carlyle Avenue presents the opportunity to acquire a well maintained, income producing seven unit multi-family asset comprised 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 ideally suited to the surrounding student and shared housing market, supporting strong rental demand, durable occupancy, and stable income generation. 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 urban lifestyle appeal. Residents enjoy immediate access to retail amenities, restaurants, parks, the Rideau River pathway network, public transit, and downtown Ottawa. Supported by stable in place cash flow and future rental growth potential, 46 Carlyle Avenue offers investors a compelling combination of dependable income, proven rental demand, and long term value creation within Ottawa's resilient apartment market. Gross Income: $244,869. Operating Costs: $79,216.
General information
Building and mechanicals
Parking and garage
Lot and land
Taxes
Mortgage estimate
Estimated monthly payment
$13,301
Down payment: $630,000 · Loan: $2,520,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: DISTRICT REALTY CORPORATION. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jul 17, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.