25 Cartier Street

CLV Group is pleased to announce the acquisition of 25 Cartier, a prominent 11-storey, purpose-built residential property currently operating as a hotel in the heart of downtown Ottawa. Originally designed as an apartment building, 25 Cartier presents a rare opportunity to return the asset to its intended use and deliver modern, professionally managed rental housing in one of the city’s most desirable neighbourhoods.

The property comprises 140 suites featuring spacious layouts, private balconies, and the in-place infrastructure for a seamless transition back to residential use. CLV Group’s vertically integrated team will enhance these features through targeted capital improvements, including the conversion of all suites to full kitchens, along with refined design that will deliver high-quality rental apartments aligned with the expectations of today’s urban renter. Ideally situated just steps from the University of Ottawa, the Rideau Centre, and the central business district, the property also benefits from outstanding access to transit, employment, and a wide range of downtown amenities.

This acquisition reinforces CLV Group’s long-term growth strategy and our commitment to unlocking the full potential of well-located, underused assets. We look forward to delivering lasting value to our residents, partners, and stakeholders through continued investment in Canada’s top urban markets.