692 CLAUDE STREET
3504 - Castle Heights/Rideau High
Ottawa
K1K 2S2
$1,349,000
Multi-family
beds: 7
baths: 3.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X13757876
- Bedrooms:
- 7
- Bathrooms:
- 3
- Photos (47)
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692 Claude Street is a turn-key, fully renovated legal triplex offering an exceptional investment opportunity with $86,400 in gross income and approximately $75,000 net. Rarely found 5.6% Cap Rate in this condition. Ideally located less than a 5-minute walk from St. Laurent, this low-maintenance asset is currently tenanted by three excellent households and is well suited for investors seeking reliable income and long-term ownership confidence. The building consists of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with each suite featuring in-suite laundry, independent heating and cooling, and its own hot water tank. This strategically planned asset was intensely renovated in 2024 with all permits and certificates on file. Set on an oversized irregular lot with N3C zoning, the property may also offer future intensification potential, and buyers are encouraged to complete their own due diligence. All equipment and appliances are owned. Please see the attached feature sheet and 10-year forecast for additional information. (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 1,500 sq. ft.139 m2
- Living Area (Max):
- 2,000 sq. ft.186 m2
- Taxes:
- $5,609 / 2025
- Community:
- 3504 - Castle Heights/Rideau High
- Features:
- Separate Electricity Meters
- Exterior Features:
- Brick, Aluminum siding
- Structure Type:
- Triplex
- Utilities:
- Sewer, Electricity, Cable
- Appliances Included:
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
- Home Style:
- Bungalow
- Bedrooms:
- 7
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 3
- Bathrooms:
- 3.0
- Cooling:
- Central air conditioning, Wall unit
- Fireplace:
- No
- Foundation:
- Poured Concrete
- Heating:
- Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
- # Storeys:
- 1.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Apartment in basement, N/A
- Lot Frontage:
- 90'27.4 m
- Lot Details:
- 90 x 131.4 FT
- Parking:
- No Garage
- Total Parking Spaces:
- 5
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Listed by EXP REALTY
Data was last updated September 9, 2026 at 08:45 PM (UTC)
- SUSAN CHELL
- RE/MAX HALLMARK
- 1 (613) 8297484
- Contact by Email
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