350 Fifth Avenue

ActiveGlebe - Ottawa East and Area · 4401 - Glebe90 days on marketMLS® X13105004

$1,399,900

$700 / sq ft

Bedrooms8

Bathrooms4

Interior2,000 sq ft

TypeMulti-Family

ListingFor Sale

Days on Market90

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13105004
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,000 sq ft
Beds / Baths	8 bed · 4 bath
Neighbourhood	4401 - Glebe
City	Glebe - Ottawa East and Area
Postal Code	K1S 2N8
Province	ON
Listed Date	May 8, 2026
Days on Market	90
Price per Sq Ft	$700
Brokerage	EXP REALTY