$3,200,000
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72 Fifth Avenue, Ottawa, ON K1S2M7

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- Beds
11 Baths
7,901 Sq Ft

Exceptional opportunity to acquire a trophy 8-unit multifamily asset in the heart of The Glebe, one of Ottawa's most coveted and supply-constrained urban neighbourhoods. This unrivaled location, steps to Lansdowne Park, Bank Street amenities, and major employment hubs, offers outstanding walkability and enduring rental appeal, supporting historically low vacancy and highly dependable income. Positioned minutes to downtown offices and between Ottawa's two largest universities, the property benefits from strong, consistent demand from both professionals and students. The building is FULLY LEASED and features an attractive unit mix of three 3-bedroom + 1.5-bath units, four 1-bedroom units, and one 2-bedroom unit, along with three on-site parking spaces. Each unit is separately metered with its own electrical panel, providing operational efficiency and tenant independence. The property has been professionally managed and well maintained, benefiting from thoughtful value-add upgrades, including updated kitchens and bathrooms with quartz countertops, stainless steel appliances, tiled backsplashes, and glass shower surrounds. Four units offer in-unit laundry and air conditioning. Major capital improvements include a new main boiler (2015), updated windows and exterior doors (2019), and upgraded electrical wiring and panels within each unit. In addition to stable in-place income, the asset offers over $30, 000 in projected annual rental upside through continued unit turnover and optimization. A RARE, well-maintained core-plus investment in a high-barrier-to-entry location with strong fundamentals and long-term growth potential. (id:58753)

Listing By: Michael Spaull - REAL BROKER ONTARIO LTD. cncrea2 Realty.com
  • MLS® X13086832
  • Date Listed05/05/2026
  • Days on Realty 31 Days
  • Bedrooms -
  • Bathrooms 11 baths
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 7,901 sq. ft
  • Price Per Sq. Ft $405.01

Interior Features

  • Appliances Washer, Dishwasher, Dryer, Hood Fan
  • Cooling Partially air conditioned
  • Heating Radiator

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Bank St & Fifth Ave. ** Directions: South on Bank St, left on Fifth Ave, property on the right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1S2M7

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1S2M7

Source: Walk Score

98/100

Walker's Paradise

Walk Score ®

56/100

Good Transit

Transit Score ®

100/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

20 nearby routes: 20 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 82/100.

Points of Interest near 72 FIFTH AVENUE, Ottawa, ON K1S2M7

Frequently Asked Questions for 72 FIFTH AVENUE

Source: Realty.com

72 FIFTH AVENUE, Ottawa, ON K1S2M7 in Ottawa, ON K1S2M7 is a multi family listed at $3,200,000. Highlights include 11 bathrooms, 7,901 sq. ft., $405 per sq. ft.. Realty.ca has 45 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 45 photos of 72 FIFTH AVENUE.

The full address for this home is 72 FIFTH AVENUE, Ottawa, ON K1S2M7.

72 FIFTH AVENUE has been listed on Realty.com since Tue May 05, 2026

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 82/100.

Listing provided courtesy of: REAL BROKER ONTARIO LTD.
Listing agent: Michael Spaull

This content last refreshed on 2026-06-05 09:54:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.