For Sale: 350 Fifth Avenue, Ottawa, ON - REW
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$1,399,900
8 bd • 4 ba • 2000 - 2499 sf • Multifamily
350 Fifth Avenue
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$1,399,900
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350 Fifth AvenueOttawa, ON, K1S 2N8

Glebe - Dows Lake
  • 8 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Edmundo Roa, Salesperson, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
$1,399,900
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Gross Taxes for 2026
$12,053
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
120 feet
Frontage
26.0 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Partially finished, Apartment in basement, ,
Features
Lane, Separate Electricity Meters
Appliances
Water Heater, Water Heater - Tankless
Community
Agent details
Primary Agent
Edmundo Roa
Primary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
31 Days
Property Views
126
MLS® Number
X13105004
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Glebe Collegiate Institute
  • Public
  • 9 - 12
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Mutchmor Public School
  • Public
  • JK - 6
Hopewell Avenue Public School
  • Public
  • JK - 8
St Anthony Elementary School
  • Catholic
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
First Avenue Public School
  • Public
  • JK - 6
Cambridge Street Community Public School
  • Public
  • JK - 6
Devonshire Community Public School
  • Public
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Edmundo Roa
Phone:
(613) 864-5515
Office:
866-530-7737
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