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 2025 (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. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Features: Lane
- Parking Spaces: 4
- Transaction: For sale
- Zoning Description: R3P[1474]
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater - Tankless, Water Heater
- BasementType: N/A, N/A (Partially finished)
- Basement Development: Partially finished
- Basement Features: Apartment in basement
- Bedrooms Main Level: 8
- Cooling: None
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: False
- Foundation: Unknown
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2000 - 2500 sqft
- Stories Total: 3
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 26 ft
- Size Irregular: 26 x 120 FT
Listing provided by EXP REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 350 FIFTH AVENUE in Ottawa Ontario. It was last modified on January 20th, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.