692 CLAUDE STREET
Ottawa, Ontario
MLS® X13757876
$1,349,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13757876
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- —
1 / 49Listing description
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.
Property summary
- MLS® number
- X13757876
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 90 x 131.4 FT
- Annual property taxes
- $5,609.00
- Parking
- 5 spaces · No Garage
- Days on market
- 8 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
- Cooling
- Central air conditioning, Wall unit
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
- Exterior features
- Brick, Aluminum siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,349,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.