I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.
Ottawa · Castle Heights/Rideau High
692 Claude Street
Triplex
MLS® #X13757876
Listed for$1,349,0002 days on market
4+3 bed 3 bath 5 parking 1500-2000 sq ft~$771/sq ft
New this week
Listing states: renovated (2024)
Transit stop ~240.5 km
Free · about 10 seconds
Is $1,349,000 a fair price?
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Est. all-in monthly~$6,744/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Ottawa
1,017,449Population (2021)
40Median age
$102,000Median household income
63.9%Home owners
36.1%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details
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.
The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by EXP REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.