350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8
Glebe - Ottawa East and Area
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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. With the recent addition of central air conditioning, this is 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, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, 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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8
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MLS# X13105004
Listed by EXP REALTY
On market since May 8, 2026
350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 is listed for $1,399,900 CAD.
350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 has 8 bedrooms and 4 bathrooms.
350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 is a Triplex.
350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 is in Glebe - Ottawa East and Area, Ontario.
350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 350 Fifth Avenue, Glebe - Ottawa East and Area, ON K1S 2N8 (MLS# X13105004). You can also send a message through the contact form on this site.
