Apartment buildings for sale in Ottawa

72 Fifth Avenue, Glebe - Ottawa East and Area

6 to 12 units
Listed by REAL BROKER ONTARIO LTD.
Updated May 5, 2026
$3,200,000
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Trophy 8-unit multifamily asset
Located in Ottawa's coveted Glebe neighbourhood
3 on-site parking
3 on-site parking
Unit 1 (3-Bed/1.5-Bath/~900sq ft)
Unit 1 (3-Bed/1.5-Bath/~900sq ft)
Unit 1 (3-Bed/1.5-Bath/~900sq ft)
Unit 1 (3-Bed/1.5-Bath/~900sq ft)
Unit 1 (3-Bed/1.5-Bath/~900sq ft)
Unit 2 (1-Bed/1-Bath/~510sq ft)
Unit 2 (1-Bed/1-Bath/~510sq ft)
Unit 2 (1-Bed/1-Bath/~510sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 3 (1-Bed/1-Bath/~525sq ft)
Unit 4 (1-Bed/1-Bath/~440sq ft)
Unit 4 (1-Bed/1-Bath/~440sq ft)
Unit 4 (1-Bed/1-Bath/~440sq ft)
Unit 4 (1-Bed/1-Bath/~440sq ft)
Unit 6 (3-Bed/1.5-Bath/~905sq ft)
Unit 6 (3-Bed/1.5-Bath/~905sq ft)
Unit 6 (3-Bed/1.5-Bath/~905sq ft)
Unit 6 (3-Bed/1.5-Bath/~905sq ft)
Unit 6 (3-Bed/1.5-Bath/~905sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Unit 8 (3-Bed/1.5-Bath/~915sq ft)
Rear lane provides easy parking access
Rear on-site parking
West facing side of building
Secondary exit for unit 3
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Details from the listing

Property taxes$25,941 (2025)
Lot size44.62 × 67.86 ft
Total area7,901 sq. ft.
OccupancyTenant
HeatWater Radiators

From the listing

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.

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Listings refreshed September 21, 2026 at 6:47 p.m. ET