view of front of property with a gambrel roof, a balcony, brick siding, and covered porch Features: balcony More Photos

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    For Sale - 350 Fifth Avenue, Glebe - Ottawa East and Area, Ontario

    Est payment $7,435/mo
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    Time on Jump  90 day

    AI Summary *

    • Rarely available legal triplex with an additional bachelor suite in prime location.
    • Two units are currently leased, providing immediate rental income.
    • Spacious units with high ceilings, large windows, and private decks.
    • Strong rental potential with added income from laundry and parking.
    • Four on-site parking spaces and a shared driveway for convenience.




    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.
    Listing IDX12184247
    Address350 Fifth Avenue
    CityGlebe - Ottawa East and Area, Ontario
    Price$1,499,900
    Bed / Bath8 / 4 Full
    Style3-Storey, Triplex
    ConstructionBrick, Vinyl Siding
    Land Size3124.8
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Water Heater Owned, Separate Hydro Meter, Separate Heating Controls, On Demand Water Heater, Accessory ApartmentOwnership FreeholdBasement Partially Finished, Separate EntranceFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  EXP REALTY
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    350 Fifth Avenue
    Glebe - Ottawa East and Area , Ontario
    8 4 $1,499,900
    Get more info