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. Currently partially vacant, the property will be delivered completely vacant as of July, giving buyers a limited window to hand-pick tenants and set full market rents. The landlord is holding off on leasing to give the new owner full flexibility but act fast before it leases up again! This charming brick property includes a mix of units, including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. The upper units feature high ceilings, large windows, and timeless architectural details that tenants love, along with private south-facing decks for summer enjoyment. All three units have been recently painted, repaired, and refreshed. With an estimated rental potential of $8,000/month, with income from coin-operated laundry and parking, this is a clean slate for investors or live-in owners. The property includes four hydro meters, central heating via a single thermostat, a newly installed, and owned, high-efficiency furnace and hot water on demand system (2025), and an owned coin-operated washer and dryer (2023). 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.
For sale
C$1,499,900
350 5th Ave, Ottawa, ON K1S 2N8
8beds
4baths
Triplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Self-contained bachelor suiteHigh ceilingsLarge windowsTimeless architectural detailsPrivate south-facing decksOn-site parking spacesShared driveway
- 68 days
- on Zillow |
- 57 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 10:58am
Listed by:
EXP REALTY
Source: TRREB,MLS®#: X12184247
Originating MLS®#: Ottawa Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Water Heater Owned, Instant Hot Water
Features
- Separate Hydro Meter, Separate Heating Controls
- Flooring: Accessory Apartment
- Basement: Partially Finished,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 2000-2500 null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Lane
Features
- Stories: 3
- Pool features: None
Lot
- Size: 3,124.8 Square Feet
Details
- Parcel number: 041420027
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Vinyl Siding
- Foundation: Unknown
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$12,052
- Date on market: 5/30/2025
- Loading