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46 Carlyle Av

7 Unit Apartment Building Offered at $2,461,428 USD at a 4.93% Cap Rate in Ottawa, ON K1S 4Y4

Executive Summary

This seven-unit multi-family property is located in the vibrant and trendy neighborhood of Old Ottawa South, popular among students and young professionals. The building features six rare 4-bedroom units and one 2-bedroom unit, all recently renovated with stainless steel appliances and on-site laundry facilities. Its proximity to Carleton University and the University of Ottawa ensures consistent rental demand, making it a reliable source of stable, long-term cash flow for investors.
Tenants will enjoy the convenience of nearby amenities, including Shoppers Drug Mart, Whole Foods, restaurants, shopping, and the nightlife along Bank Street. The property is also close to Lansdowne Park in the Glebe, a venue for large events such as concerts, sports games, cultural festivals, and farmer’s markets. With a population of approximately 43,185 within a 2 km radius, this property is perfectly positioned to offer both accessibility and appeal in a high-demand area.
Interior photos available by request.
Showings can be arranged with 48 hours of notice. Call Charles: 613-759-8383

Property Facts

Price $2,461,428 USD
Price Per Unit $351,633 USD
Sale Type Investment
Cap Rate 4.93%
No. Units 7
Property Type Multifamily
Lot Size 0.09 AC
Building Size 6,744 SF
No. Stories 3
Year Built 1930
Parking Ratio 0.44/1,000 SF
Walk Score ®
Very Walkable (79)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R2Q[1475]
R2Q[1475]
  • Listing ID: 34083474

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 46 Carlyle Av, Ottawa, ON K1S 4Y4

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