For sale350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8
Glebe - Ottawa East and Area, ON K1S 2N8
About this property
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. With the recent addition of central air conditioning, this is 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, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, 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.
Property facts & features
- Days on market
- Not reported
- Property type
- Triplex
- MLS® number
- X13105004
- Source status
- New
- Bedrooms
- 8
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K1S 2N8
- Parking spaces
- 4
- Garage
- None
- Lot depth (source units)
- 120
- Annual property tax
- 12052.73
- Basement
- Apartment, Partially Finished
- Laundry
- Not provided
- Interior features
- Accessory Apartment, On Demand Water Heater, Separate Hydro Meter, Water Heater Owned
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 177 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,399,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
A verified map location is not yet available for this listing.
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in Glebe - Ottawa East and Area →Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13105004. Information deemed reliable but not guaranteed.