$1,399,900
692 CLAUDE STREET
Beds
7
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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. 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:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- Structure
- Triplex
- Community
- 3504 - Castle Heights/Rideau High
- Condition
- Insulation upgraded
- Lot dimensions
- 90 x 131.4 FT ; Irregular Lot
- Bedrooms
- 4 above grade, 3 below grade
- Parking
- 5 total
- Stories
- 1
- On market
- Apr 18, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $5,609 (2025)
- Photos
- 34
- MLS#
- X13015458
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
-6.41%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,575
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.