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46 Carlyle Avenue

46 Carlyle Avenue

Glebe - Ottawa East and Area, ON

  • 4,384 sqft
  • Investment
  • 105 days on market
$3,150,000

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.

Listing Details

Taxes (2026)
$26,325
Listed
May 27, 2026

Price History

Property

Lot Size
36.5 x 118 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Aylmer Avenue and Carlyle Avenue
Zoning
R3Q [1475]
Parcel Number
041430149
Possession
Other
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Community

Postal area K1S

Population
31,257
Private dwellings
15,662
Median age
39.2
Average household size
2.1
Median household income
$106,000

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 Glebe - Ottawa East and Area · last 12 months

Median sold price
$1,042,500
Homes sold
256
Median days on market
15
Sale-to-list price
99.1%

Based on 256 recorded sales of commercial properties in Glebe - Ottawa East and Area over the last 12 months.

Listed by

DISTRICT REALTY CORPORATION

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,384 sq ft
Price per sq ft
$718.52
Annual property tax
$26,325
Tax per sq ft
$6.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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