We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
350 FIFTH AVENUE, Ottawa
2026-05-09
Quick Summary
MLS®#X13105004
Property Description
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, making this 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, central heating through a single thermostat system, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), 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. (id:32467)
Property Features
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater - Tankless, Water Heater
- Basement Development: Partially finished
- Basement Features: Apartment in basement
- Basement Type: N/A, N/A (Partially finished)
- Cooling Type: None
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: Triplex
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Lane
Land
- Land Size: 26 x 120 FT
- Sewer: Sanitary sewer
Zoning
- Description: R3P[1474]
Information entered by EXP REALTY
Listing information last updated on: 2026-05-08 21:05:18
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Sheila Forward-Davis REALTOR®
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