692 Claude Street
Castle Heights/Rideau High, Ottawa, ON K1K2S2
$1,349,000
About this property
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:67282)
Property details
- MLS® number
- X13757876
- Property type
- Multi-Family
- Building style
- Triplex
- Lot size
- 90 x 131.4 FT
- Parking
- No Garage · 5 spaces
- Annual taxes
- $5,609
- Neighbourhood
- Castle Heights/Rideau High
- Listed
- Sep 9, 2026
Highlights
- Basement: Apartment in basement, N/A
- Heating: Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
- Central air conditioning
- Wall unit
- Separate Electricity Meters
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Location
Listed by eXp Realty. Information deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and REALTOR® are trademarks of The Canadian Real Estate Association (CREA). View this listing on REALTOR.ca
