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$1,349,000

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692 Claude Street

Castle Heights/Rideau High, Ottawa, Ontario K1K2S2

For sale· Added

4+3 bed3 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13757876
Added
Sep 8, 2026 ()
Updated
Sep 8, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Style
Bungalow
Storeys
1

Inside

Bedrooms
4+3
Bathrooms
3
Heating
Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
Cooling
Central air conditioning, Wall unit
Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater

Building

Basement
Apartment in basement
Exterior
Brick, Aluminum siding
Foundation
Poured Concrete
Parking
No Garage · 5 spaces
Amenities
Separate Electricity Meters

Land

Lot size
90 x 131.4 ft

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
Clarke and St. Laurent
Directions
North on St. Laurent Right on Clarke Street.

Running costs

Annual property tax (2025)
$5,609

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$1,349,000
692 Claude Street
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