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 2025 (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.
Details
X12714588
4
$1,474,800
Tenant
None
4 + 4
3-Storey
8
4
2000-2500 Sqft
N/A SquareFeet
N/A
Triplex
Sale
Additional details
Forced Air / Gas
R3P[1474]
$12052.73
2025
PT LT 12, PL 33446 , PART 1, 2 & 5 , 5R8142 , S/S FIFTH AVE W/S GORDON ST; S/T & T/W AS IN NS259992; S/T NS259992 PARTIALLY RELEASED BY NS272789 ; OTTAWA/NEPEAN
N/A
N
Apartment,Partially Finished
None
Municipal
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FAQ
What is the total square footage of the X12714588 - 350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8?
The total square footage of this property is 2000-2500 SqFt.
What schools near to X12714588 - 350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8?