46 Carlyle Avenue
4403 - Old Ottawa South, Glebe - Ottawa East and Area, K1S 4Y4
$3,150,000
Listed 146 days ago · MLS® X13200254
About this home
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.
Details
- Type
- Investment
- Lot
- 36.5 × 118 ft
- Garage
- Outside/Surface
- Property tax
- $26,325 (2026)
- Neighbourhood
- 4403 - Old Ottawa South
- Municipality
- Glebe - Ottawa East and Area
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Utilities
- Yes
Building and exterior
- Building area
- 4,384 Square Feet
More
- Possession
- TBD
- Cross street
- Aylmer Avenue and Carlyle Avenue
- Business type
- Apts - 6 To 12 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Carleton LRT12 min walk
- 🚇 Dow's Lake / Lac Dow LRT1.5 km
Within a 10-minute walk: 2 grocery stores, 19 cafés and restaurants, 11 parks, 3 pharmacies. Nearest grocery: Whole Foods Market (950 m). Nearest park: Brown's Inlet Park (600 m).
Schools nearby
Elementary
- Westboro Academy Private7 min walk
- Hopewell Avenue Public School
EQAO: Gr 6 reading 97%, math 82%10 min walk - Mutchmor Public School
EQAO: Gr 6 reading 100%, math 77%15 min walk - Corpus Christi School Catholic
EQAO: Gr 6 reading 88%, math 46%16 min walk
Secondary
- Glebe Collegiate Institute
EQAO: Gr 9 math 74%, literacy test 93%17 min walk - Glashan Public School1.9 km
- Adult High School
EQAO: Gr 9 math 21%2.0 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K1S
- Owners / renters
- 51% / 49%
- Median household income
- $106,000
- Average age
- 41
- Children under 15
- 12%
- Homes
- 30% detached, 28% high-rise
- Commute by transit
- 13%
- Population
- 31,257
Languages spoken most at home besides English: Mandarin 1.6%, Arabic 0.6%, Spanish 0.6%, Iranian Persian 0.4%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 4 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by DISTRICT REALTY CORPORATION.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Glebe - Ottawa East and Area
$3,200,000
11 ba
72 Fifth Avenue
4402 - Glebe, Glebe - Ottawa East and Area
Investment · MLS® X13086832 · REAL BROKER ONTARIO LTD.
$3,500,000
4 bd
178 Main Street
4406 - Ottawa East, Glebe - Ottawa East and Area
Commercial Retail · MLS® X13225030 · ENGEL & VOLKERS OTTAWA