$1,399,900
FOR SALE

Triplex 3-Storey

Bedrooms: 8Bathrooms: 4Lot: 26.04 x 120 ft
2025 Taxes: $12,052.73

350 Fifth Ave
Glebe - Ottawa East And Area, ON K1S 2N8 | 4401 - Glebe | Ottawa

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.
Extras
Accessory Apartment, On Demand Water Heater, Separate Hydro Meter, Water Heater Owned
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13105004
Last Updated May 08, 2026
Property Summary
Property Type Triplex

More like this:
PIN 041420027
Legal Description PT LT 12, PL 33446 , PART 1, 2 & 5 , 5R8142 , S/S FIFTH AVE W/S GORDON ST; S/T & T/W AS IN NS259992; S/T NS259992 PARTIALLY RELEASED BY NS272789 ; OTTAWA/NEPEAN
Possession Date TBD
Taxes (2025) $12,052.73
Directions/Cross Streets Bronson
Neighbourhood 4401 - Glebe
Area Ottawa
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 8
Bathrooms 4
Lot 26.04 x 120 ft
Exterior Brick
Air Conditioning None
Basement Apartment, Partially Finished
Garage Type None
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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