350 FIFTH AVENUE

Ottawa, , K1S2N8, Canada

$1,474,800

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.

EXTRAS: Water Heater - Tankless, Water Heater

Virtual Tour: https://www.youtube.com/watch?v=fPiJSY5Pbvg

Last updated on : Tuesday 24th of February 2026 08:55:35 PM

ADDRESS

Street : 350 FIFTH AVENUE

City : Ottawa

Country : Canada

Postal Code : K1S2N8

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PROPERTY SUMMARY

Property ID : X12714588

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 8

Bathrooms : 4

Parking : 4

Parking Type: No Garage

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