36 days on Market

350 Fifth Ave, Ottawa, Ontario K1S 2N8

Townhouse
8
4
~2000-2500 sqft
$•••,•••
$1,499,900
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Townhouse
8
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market36 days

Estimated valueNot available

Price/Sqft$674/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$777K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

Style3-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,124 SqFt(120 x 26.04)
Parking Spaces4
MLS ®NumberX12184247
Community NameGlebe - Dows Lake
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Part Fin, Sep Entrance

Features

Lot size: 3,124 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 30, 2025
ListedActive
$1,499,900
36 days on market
history photo preview39
Listing by trreb®

Market Data - Glebe - Dows Lake

Geo Zone Map ThumbnailGlebe - Dows Lake

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

15 days

2023

7 days

2022

28 days

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

3 listings

2022

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$1,132,500

Compared to

2024

$776,500

2023

$719,000

2022

$825,000


Population and Demographics

Overview

Total population 7620
Average household income $208,145

Age (%)

0 to 19
18%
20 to 34
25%
35 to 49
18%
50 to 64
19%
65 and plus
20%

Household composition (%)

Single family
55%
Single person
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
81%
French
8%
Others
5%
English and French
2%
Spanish
2%

House tenancy (%)

Owners
50%
Renters
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget