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350 FIFTH AVENUE, Ottawa, Ontario, K1S 2N8

MLS® # X12184247
Investment For Sale In Glebe - Dows Lake, Ottawa, Ontario
$1,499,900
350 Fifth Avenue, Ottawa, ON - Outdoor With Facade
350 Fifth Avenue, Ottawa, ON - Outdoor With Facade
350 Fifth Avenue, Ottawa, ON - Outdoor With Facade
Front Foyer - 350 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Other Room
Unit 1 - 3 Bedroom - 350 Fifth Avenue, Ottawa, ON - Indoor With Fireplace
Unit 1 - 3 Bedroom - 350 Fifth Avenue, Ottawa, ON - Indoor Photo Showing Other Room With Fireplace

MULTIMEDIA

350 FIFTH AVENUE, Ottawa, Ontario, K1S 2N8
$1,499,900

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Features: Lane
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 26.0 Feet
  • Lot Size: 26 x 120 FT
  • Zoning: R3P[1474]
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: EXP REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

7.71%

Price change (1 year)

29.92%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 350 FIFTH AVENUE, Ottawa, Ontario, K1S 2N8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 350 FIFTH AVENUE , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 350 FIFTH AVENUE , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 350 FIFTH AVENUE, Ottawa, Ontario, K1S 2N8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$190,697.63

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.82 %

High school certificate or equivalent

18.51 %

Apprenticeship trade certificate/diploma

1.7 %

College/non-university certificate

12.8 %

University certificate (below bachelor)

3.0 %

University Degree

57.18 %

Commuter

Travel To Work

By Car

55.8 %

By Public Transit

18.46 %

By Walking

18.67 %

By Bicycle

3.76 %

By Other Methods

3.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.61 %

Houses

38.39 %

Own Vs. Rent

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