350 FIFTH AVENUE
Ottawa
K1S 2N8
$1,399,900
Multi-family
beds: 8
baths: 4.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X13105004
- Bedrooms:
- 8
- Bathrooms:
- 4
- Photos (45)
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350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love, making this an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa's strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, central heating through a single thermostat system, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa's most desirable and walkable neighbourhoods. (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 2,000 sq. ft.
- Living Area (Max):
- 2,500 sq. ft.
- Zoning:
- R3P[1474]
- Taxes:
- $12,052.73 / -
- Community:
- 4401 - Glebe
- Features:
- Separate Electricity Meters
- Exterior Features:
- Brick, Vinyl siding
- Structure Type:
- Triplex
- Appliances Included:
- Water Heater - Tankless, Water Heater
- Bedrooms:
- 8
- Bedrooms Above Grade:
- 8
- Bathrooms:
- 4.0
- Cooling:
- None
- Fireplace:
- No
- Foundation:
- Unknown
- Heating:
- Forced air, Natural gas
- # Storeys:
- 3.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Partially finished, Apartment in basement, N/A
- Lot Frontage:
- 26'
- Lot Details:
- 26 x 120 FT
- Lot Features:
- Lane
- Parking:
- No Garage
- Total Parking Spaces:
- 4
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Listed by EXP REALTY
Data was last updated May 9, 2026 at 08:45 AM (UTC)
- Husnain Ali
- Ali Realty Group Inc., Brokerage
- 613-327-0131
- Contact by Email
Location
403 Bank Street,
Ottawa, ON, K2P 1Y6