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46 Carlyle Avenue
4403 - Old Ottawa South Glebe - Ottawa East and Area K1S 4Y4

$3,150,000 /For Sale
Commercial

46 Carlyle Avenue
Photo 1: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 2: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 3: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 4: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 5: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 6: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 7: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 8: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 9: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 10: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 11: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 12: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 13: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 14: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 15: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 16: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 17: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Photo 18: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13200254
Bus Major:
Apts - 6 To 12 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4384 sq. ft. Square Feet
Total Area:
4,384.03 sq. ft.
Lot Depth:
118'
Lot Frontage:
36'6"
Water supply:
Municipal
Zoning:
R3Q [1475]
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Parking Spaces:
3
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$26,325 / 2026
Assessment:
$- / 2025
Ottawa
Glebe - Ottawa East and Area
4403 - Old Ottawa South
Major Highway, Public Transit
None
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Gross income:
$244,869
Net Income Before Debt:
$166,653
Expenses Actual/Estimated:
Actual
Heating Expenses:
$7,710
Hydro Expenses:
$2,772
Insurance Expenses:
$8,000
Management Expenses:
$12,243
Tax Expenses:
$26,326
Operating Expenses:
$78,216
Other Expenses:
$5,071
Water Expenses:
$7,695
Year Expenses:
2026
Maintenace Expenses:
$8,400
Vacancy Allowance:
2473
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Outside Storage:
No
Date Listed:
May 27, 2026
Original Price:
Previous Price:
  • Photo 1: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
    46 Carlyle Avenue
  • Photo 2: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
    46 Carlyle Avenue
  • Photo 3: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
    46 Carlyle Avenue
  • Photo 4: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
    46 Carlyle Avenue
  • Photo 5: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
    46 Carlyle Avenue - Aerial
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  • Photo 13: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
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  • Photo 18: 46 Carlyle Avenue in Glebe - Ottawa East and Area: 4403 - Old Ottawa South Commercial for sale : MLS®# X13200254
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Listed by DISTRICT REALTY CORPORATION
Data was last updated June 13, 2026 at 12:15 AM (UTC)
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