Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 8
- Bathrooms
- 4
+40 more
8
Bedrooms
4
Bathrooms
2,000-2,500 sqft
Square Feet
26 x 120 ft
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13105004
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 8-bedroom, 4-bathroom multi-family in Ottawa offers 2,000-2,500 sqft of square feet on a 26 x 120 ft lot. 3 storeys. The property has lot dimensions of 26 x 120 FT. The home features forced air, natural gas heating, central air conditioning, a partially finished, apartment in basement basement. Highlights include a 4-car garage.
MLS Remarks
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:60351)
Full Listing Details
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