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For sale

692 Claude Street

Castle Heights/Rideau High, Ottawa

$1,349,000

Listed by EXP REALTY · MLS® X13757876

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Bedrooms

4 + 3

Bathrooms

3

Sq ft

1500–2000

Type

Triplex

Listed

Sep 8, 2026

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.

Virtual tour

Details

Style
Bungalow
Lot
90 × 131.36 ft
Basement
Apartment
Heating
Baseboard
Cooling
Central Air, Wall Unit(s)
Garage
None
Parking spaces
5
Pool
None
Interior
ERV/HRV, Accessory Apartment, Floor Drain, Primary Bedroom - Main Floor, Separate Hydro Meter
Construction
Brick, Aluminum Siding
Roof
Asphalt Shingle
Sewer
Sewer
Faces
North
Cross street
Clarke and St. Laurent
Possession
Immediate
Property taxes
$5,609 (2025)

Location

Approximate location, from the City of Ottawa's address map.

Run the numbers: mortgage payment · land transfer tax

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