350 Fifth Ave, Ottawa, Ontario

Multi-Family for Sale in Ottawa

350 Fifth Ave, Ottawa, ON

  • CA$1,499,900
  • 8 BEDS
  • 4 BATHS
  • 3,124.80 sq.ft. Land
  • CA$1,499,900

Multi-Family for Sale in Ottawa

350 Fifth Ave, Ottawa, ON

  • CA$1,499,900
  • 8 BEDS
  • 4 BATHS
  • 3,124.80 sq.ft. Land
  • CA$1,499,900

Key Facts

  • MLS® #: X12184247
  • Property ID: SIRC2929444
  • Property Type: Residential, Triplex
  • Lot Size: 3,124.80 sq.ft.
  • Bedrooms: 8
  • Bathrooms: 4
  • Additional Rooms: Den
  • Parking Spaces: 4
  • Listed By:
  • EXP REALTY

Property Description

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.

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EXP REALTY

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Location

350 Fifth Ave, Ottawa, Ontario, K1S 2N8 Canada

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