ON > Glebe - Ottawa East And Area > 4401 - Glebe
Glebe - Ottawa East And Area, ON K1S 2N8,350 Fifth AVE
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Glebe - Ottawa East And Area, ON K1S 2N8,350 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N8,350 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N8,350 Fifth AVE
Glebe - Ottawa East And Area, ON K1S 2N8,350 Fifth AVE
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Giancarlo Morales

Giancarlo Morales

+1(416) 882-8048
$ 1,499,900
Est. payment /mo
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Active

350 Fifth AVE Glebe - Ottawa East And Area, ON K1S 2N8

8 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 4401 - Glebe

MLS Listing ID X12184247

Style 3-Storey

Bedrooms 8

Annual Tax Amount $12,052

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 120.0

Lot Front 26.04

Property Description

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.

Location

Province ON

County Ottawa

Community 4401 - Glebe

Area Ottawa

Rooms

Family Room No

Basement Partially Finished, Separate Entrance

Kitchen 4

Interior

Interior Features Water Heater Owned, Separate Hydro Meter, Separate Heating Controls, On Demand Water Heater, Accessory Apartment

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Pool None

Roof Type Asphalt Shingle

Lot Frontage 26.04

Lot Depth 120.0

Total Parking Spaces 4

Building

Foundation Unknown

Others

Virtual Tour https://listings.nextdoorphotos.com/350fifthavenuek1s2n8

Listed by EXP REALTY
Giancarlo Morales

Giancarlo Morales

Sales Representative | License ID: 9560751

+1(416) 882-8048

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