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Behzad Rahdari, P. Eng.

Broker
Re/Max Hallmark Realty Ltd., Brokerage, Brokerage Independently owned and operated. 9555 Yonge St , Richmond Hill, Ontario L4C 9M5 Cell: 416-301-7556Office: 905-883-4922

$1,499,900
Available - For Sale
Listing ID: X12184247
350 Fifth Aven , Glebe - Ottawa East and Area, K1S 2N8, Ottawa


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.
Price $1,499,900
Taxes: $12052.73
Assessment Year: 2024
Occupancy: Tenant
Address: 350 Fifth Aven , Glebe - Ottawa East and Area, K1S 2N8, Ottawa
Directions/Cross Streets: Bronson
Rooms: 13
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: Partially Fi, Separate Ent
Washroom Type No. of Pieces Level
Washroom Type 1 4
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 3-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 4
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY
Personal Picture
Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
 
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4401 - Glebe
Style: 3-Storey
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $12,052.73
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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