350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
350 Fifth AVE, Glebe - Ottawa East And Area, ON K1S 2N8
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Ana Bastas

Ana Bastas

+1(289) 670-5888
$ 1,399,900
Est. payment | /mo

8 Beds

4 Baths

Save Virtual Tour
$ 1,399,900
Est. payment | /mo
Save Virtual Tour

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 4401 - Glebe

MLS Listing ID X13105004

Style 3-Storey

Bedrooms 8

Annual Tax Amount $12,052

Tax Year 2025

Property Sub-Type Triplex

Property Description

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love, making this an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa's strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, central heating through a single thermostat system, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa's most desirable and walkable neighbourhoods.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R3P[1474]

Rooms

Basement Apartment, Partially Finished

Kitchen 4

Interior

Interior Features Accessory Apartment, On Demand Water Heater, Separate Hydro Meter, Water Heater Owned

Cooling None

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Unknown

Others

Virtual Tour https://www.youtube.com/watch?v=fPiJSY5Pbvg

Lited by EXP REALTY

NEARBY SCHOOLS & PROPERTIES

Ana Bastas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 670-5888

ana@anabastas.ca

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350 Fifth AVE