46 Carlyle Avenue, Glebe - Ottawa East And Area, ON K1S 4Y4

Property Description

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.