350 Fifth Avenue, Ottawa, Ontario K1S 2N8 (28390607)

350 Fifth Avenue Ottawa, Ontario K1S 2N8

8 Bedroom 4 Bathroom 2,000 - 2,500 ft2
None Forced Air

$1,499,900

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:61210)

Property Details

MLS® Number X12184247
Property Type Multi-family
Community Name 4401 - Glebe
Features Lane
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater, Water Heater - Tankless
Basement Development Partially Finished
Basement Features Separate Entrance
Basement Type N/a (partially Finished), N/a
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft
Size Frontage 26 Ft
Size Irregular 26 X 120 Ft
Size Total Text 26 X 120 Ft
Zoning Description R3p[1474]

https://www.realtor.ca/real-estate/28390607/350-fifth-avenue-ottawa-4401-glebe

Contact Us

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Edmundo Roa
Salesperson

(613) 864-5515
www.soldbyroa.ca/
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www.linkedin.com/in/soldbyroa/

Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4

(866) 530-7737
(647) 849-3180
www.exprealty.ca/

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