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350 FIFTH AVENUE

Ottawa, Ontario K1S2N8

$1,499,900 for sale



MLS®:
X12184247
Contract Days:
137
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. Two units are now leased beginning September 1st (Unit 1 at $2,500/month and Unit 3 at $1,650/month), while the remaining units provide flexibility for new tenancies or owner-occupation.This charming brick property features a versatile mix of units: two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. The upper units showcase high ceilings, large windows, and timeless architectural details that tenants love, along with private south-facing decks for summer enjoyment. All units have been recently painted, repaired, and refreshed.The property has strong rental potential, with income from coin-operated laundry and parking, and an estimated total of up to $8,000/month when fully leased. Utilities are separated with four hydro meters, while heating and hot water are provided through a newly installed, owned, high-efficiency furnace and on-demand system (2025). An owned coin-operated washer and dryer (2023) add further income. 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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