Details

Description

7-Unit Multi-Family Building for Sale | 46 Carlyle Avenue | Old Ottawa South

A rare investment opportunity in one of Ottawa's most desirable rental markets. This fully leased 7-unit apartment building features large-format suites, stable in-place income, and an exceptional location just steps from Carleton University and Bank Street.

Investment Highlights:

• 7-unit multi-family building
• Unit mix: 6 four-bedroom units & 1 two-bedroom unit
• Fully leased with strong in-place cash flow
• Cap rate: 5.29%
• Recently renovated with stainless steel appliances
• On-site laundry and 3 parking spaces
• Less than 500 metres from Carleton University
• Walking distance to Bank Street, the Glebe, Rideau River pathways, restaurants, shops, and public transit
• Excellent long-term investment with rental growth potential

Situated in the highly sought-after Old Ottawa South neighbourhood, this income-producing asset benefits from consistent demand driven by students, young professionals, and the area's exceptional walkability and amenities.

Contact us today for more information or to request the investment package!

[email protected]
613-759-8383
districtrealty.com