692 Claude Street, Ottawa, Ontario

$1,349,000

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7

Beds

3

Baths

About 692 Claude Street

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:6289)

More Info on this 3504 - Castle Heights/Rideau High Triplex MLS® listing

692 Claude Street is a triplex listing for sale in Ottawa. The MLS® number is X13757876. It features 7 bedrooms, 3 bathrooms. It's currently listed for $1,349,000. For more details on MLS® X13757876, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in 3504 - Castle Heights/Rideau High is available now!

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Features of 692 Claude Street

Listing # X13757876
Price $1,349,000
Bedrooms 7
Bathrooms 3.00
Type Multi-family
Sub-Type Triplex
Style Bungalow

Community Information

Address 692 Claude Street
Area 3504 - Castle Heights/Rideau High
Subdivision 3504 - Castle Heights/Rideau High
City Ottawa
Province Ontario
Postal Code K1K2S2

Amenities

Amenities Separate Electricity Meters
Utilities Sewer, Electricity, Cable
Parking Spaces 5
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Heating Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
Cooling Central air conditioning, Wall unit
Fireplace No
# of Stories 1
Has Basement No
Basement Apartment in basement, N/A

Exterior

Exterior Brick, Aluminum siding
Lot Description 90 x 131.4 FT
Foundation Poured Concrete

Listing Details

OfficeEXP REALTY

Listing Map

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