38-40 Fifth Avenue
Glebe  |  $1,799,000


GORGEOUS DOUBLE-UNIT BUILT 2017 IN THE HEART OF THE GLEBE!  A Unique & Modern Detached Home on the CORNER of Fifth Ave Divided into 2 Separate 3-Storey Units Custom Built by Theriault Design.  Beautiful Modern Stone Exterior w/Ultra Modern Black Window Frames & Stone/Interlock Steps Leading up to 38 & 40 Fifth Ave. Both Units are FULL OF UPGRADES THROUGHOUT & are MIRROR IMAGES of each other.  Both sides feature Oversized Modern Windows THROUGHOUT, 9 FT Ceilings on the Main & Lower Level & HARDWOOD & TILE throughout the Main, 2nd & 3rd Level!  Main Floor has a Bright Office/Den, Separate Dining Room & Powder Room.  Open Concept Chic Kitchen w/Quartz Countertops + Breakfast Bar, EXTRA Pot lights, Ceiling High Cabinets + Beautiful Glass Cabinets, SS Appliances & Door to Fully Fenced Backyard.  Backyard is Private, w/Interlock/Grass & Access to UNIQUE FOUR Parking Spaces (2 Per Unit). Hardwood Stairs lead to 2nd Level w/Living Room + Gas Fireplace w/Custom Stone. 2nd Level Laundry & 3rd Bedroom w/Balcony & 4PC Bath w/Custom Cabinet/Storage Space complete the 2nd Level.  Hardwood Stairs lead to 3rd Level w/2nd Bedroom & Spacious Master Bedroom w/Private Balcony & 3 PC Ensuite.  Ensuite features an Oversized Glass Shower w/Beautiful Tile & Custom Cabinets w/Plenty of Storage Space.  Finished Lower Level has a separate side entrance leading to the Recreation Room w/Modern Laminate Floors, Great Sized Windows, Plenty of Storage Space w/ Rough-In for 3 PC Bath AND Kitchen.  Great Potential for a Home Business, in law/nanny suite or income unit. PRIME LOCATION! Walking Distance to the Ottawa River, Landsdowne, Bank St, All Amenities Incl. Restaurants, Cafes, Cinemas, Schools + MORE! Close to HWY & Transit. THERE IS NOTHING LIKE THIS DOUBLE-UNIT ON THE MARKET!


UNIT #38 – Tenants Pay $3613.90/month + Utilities (excluding Enbridge)
Lease Ends 07/2021
UNIT #40 – Tenants Pay $3523.50/month + All Utilities
Lease Ends: 09/2021

Monthly Expenses: $1,748 (Taxes, Enbridge & Insurance).

** See Attached New Basement Apartment Plan (For Both Units) w/ Kitchen, Bath, Laundry, Bedroom, Living Room & Separate Side Entrance – Can be Rented Additionally for $1000/MO Per Unit.

*** Owners are in meetings with the City of Ottawa to try to sever the lot into two separate units.



Property Details

  • Style:Double Unit Detached Home
  • Bedrooms:6
  • Bathrooms:6
  • Garage:4 Surfaced
  • Basement:Fully Finished w/ Kitchen & Bathroom Rough-In
  • Lot Shape:Regular
  • Lot Size:29.94 X 88.5
  • Year Built:2017
  • Builder:Theriault Design
  • Taxes:14160.00

Room Dimensions

Lower Level

  • Recreation Room18' X 9'11"

Main Level

  • Den14'9" X 10'7"
  • Dining Room10'10" X 10'
  • Kitchen10'10" X 10'
  • Powder Bathroom

Upper Level

  • Living Room - 2nd Level14'8" X 10'7"
  • Master Bedroom - 3rd Level11'10" X 10'8"
  • Ensuite 3 PC - 3rd Level
  • Bedroom - 3rd Level12'3" X 10'7"
  • Full Bath - 3rd Level
  • Bedroom - 2nd Level16'7" X 10'7"
  • Laundry - 2nd Level