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350 Fifth Avenue

4401 - Glebe, Glebe - Ottawa East and Area, K1S 2N8

$1,399,900

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  • 8 bedrooms
  • 4 bathrooms
  • 4 parking
  • 2000-2500 sq ft

Listed 165 days ago · MLS® X13105004

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. 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.

Details

Type
Triplex
Style
3-Storey
Size
2000-2500 sq ft
Lot
26.04 × 120 ft
Basement
Apartment, Partially Finished
Garage
None
Kitchens
4
Property tax
$12,053 (2025)
Neighbourhood
4401 - Glebe
Municipality
Glebe - Ottawa East and Area

Interior

Bedrooms
8 above ground
Bathrooms
4 × 4-piece
Rooms
13 above ground
Family room or den
No
Fireplace
No
Features
Accessory Apartment, On Demand Water Heater, Separate Hydro Meter, Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick, Vinyl Siding
Roof
Asphalt Shingle
Faces
South

Parking

Total parking
4
Driveway and parking
Lane

Lot

Size
26.04 × 120 ft

More

Possession
TBD
Cross street
Bronson

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Dow's Lake / Lac Dow LRT15 min walk
  • 🚇 Carleton LRT1.3 km

Within a 10-minute walk: 3 grocery stores, 43 cafés and restaurants, 10 parks, 4 pharmacies. Nearest grocery: Il Negozio Nicastro (900 m). Nearest park: Senator Eugene Forsey Park (200 m).

Schools nearby

Elementary

  • Mutchmor Public School
    EQAO: Gr 6 reading 100%, math 77%    10 min walk
  • Corpus Christi School Catholic
    EQAO: Gr 6 reading 88%, math 46%    10 min walk
  • Glebe Montessori School Private12 min walk
  • Westboro Academy Private18 min walk

Secondary

  • Glebe Collegiate Institute
    EQAO: Gr 9 math 74%, literacy test 93%    7 min walk
  • Adult High School
    EQAO: Gr 9 math 21%    1.3 km
  • Adult High School Preschool Program
    EQAO: Gr 9 math 21%    1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1S

Owners / renters
51% / 49%
Median household income
$106,000
Average age
41
Children under 15
12%
Homes
30% detached, 28% high-rise
Commute by transit
13%
Population
31,257

Languages spoken most at home besides English: Mandarin 1.6%, Arabic 0.6%, Spanish 0.6%, Iranian Persian 0.4%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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