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

Est payment $7,310/mo
Views   1
Time on Jump  13 day
  • Rare triplex with a bonus bachelor suite in a prime location.
  • Two leased units provide immediate rental income and flexible options.
  • Spacious apartments with high ceilings, large windows, and private decks.
  • Strong rental potential with additional income from laundry and parking.
  • Four parking spaces and co-owned 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 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.
Listing IDX12714588
Address350 Fifth Avenue
CityGlebe - Ottawa East and Area, Ontario
Price$1,474,800
Bed / Bath8 / 4 Full
Style3-Storey, Triplex
ConstructionBrick, Vinyl Siding
TypeMulti-Family
StatusFor Sale
Subtype TriplexIndoor Features Accessory Apartment, On Demand Water Heater, Separate Hydro Meter, Water Heater OwnedOwnership FreeholdBasement Apartment, Partially FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  EXP REALTY
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350 Fifth Avenue
Glebe - Ottawa East and Area , Ontario
8 4 $1,474,800
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