Mirna Botros
613-600-2626350 Fifth Avenue - $1,399,900
350 Fifth Avenue - $1,399,900
350 Fifth Avenue
$1,399,900
4401 - Glebe
Ottawa, OntarioK1S2N8
8 beds
4 baths
4 parking
MLS#: X13105004Listed: 4 months agoUpdated:about 2 months ago
Description
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. (id:58075)Details
Details for 350 Fifth Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 3
- Neighborhood
- 4401 - Glebe
- Land Size
- 26 x 120 FT
- Year Built
- -
- Annual Property Taxes
- $12,053
- Parking Type
- No Garage
Inside
- Appliances
- Water Heater - Tankless, Water Heater
- Rooms
- -
- Bedrooms
- 8
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Partially finished, Apartment in basement, N/A, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Bronson. ** Directions: Bronson to Fifth Avenue.
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick, Vinyl siding
- Foundation
- Unknown
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 26 x 120 FT
- Zoning
- -
- Zoning Description
- R3P[1474]
Parking
- Features
- No Garage
- Total Parking
- 4
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Lane
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 350 Fifth Avenue, Ottawa, OntarioMap
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