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350 FIFTH AVENUE

Ottawa, Ontario K1S2N8

$1,588,800 for sale



MLS®:
X12184247
Contract Days:
8
Community:
Ownership:
Property Type:
R3P[1474] Triplex
Total Size:
26 x 120 FT
Built Date:
Parking:
4
Bedrooms:
8+
Bathrooms:
4
Interior Features

Construction Style:
Total Stories:
3
Total Bedrooms:
8
Bedrooms Above Ground:
8
Bedrooms Below Ground:
Total Bathrooms:
4
Whole Bathrooms:
4
Half Bathrooms:
Basement Type:
N/A (Partially finished)
Basement Development:
Partially finished
Appliances:
Water Heater, Water Heater - Tankless
Exterior Features

Built Date:
Exterior Finish:
Brick, Vinyl siding
Foundation Type:
Unknown
Utitilies

Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. Currently partially vacant, the property will be delivered completely vacant as of July, giving buyers a limited window to hand-pick tenants and set full market rents. The landlord is holding off on leasing to give the new owner full flexibility but act fast before it leases up again! This charming brick property includes a mix of units, including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. The upper units feature high ceilings, large windows, and timeless architectural details that tenants love, along with private south-facing decks for summer enjoyment. All three units have been recently painted, repaired, and refreshed. With an estimated rental potential of $8,000/month, with income from coin-operated laundry and parking, this is a clean slate for investors or live-in owners. The property includes four hydro meters, central heating via a single thermostat, a newly installed, and owned, high-efficiency furnace and hot water on demand system (2025), and an owned coin-operated washer and dryer (2023). Four on-site parking spaces and a co-owned shared driveway complete the package. An exceptional income property in one of Ottawas most sought-after rental markets. (id:19004)

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