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KHALED AL RADWAN

radwanrealtor@gmail.com +1(647) 928-6461

$ 1,349,000

Est. payment | -/mo

7 Beds

3 Baths

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$ 1,349,000

Est. payment | -/mo

Save Virtual Tour Video Tour

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 3504 - Castle Heights/Rideau High

MLS Listing ID X13757876

Style Bungalow

Bedrooms 7

Annual Tax Amount $5,609

Tax Year 2025

Property Sub-Type Triplex

Property 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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Basement Apartment

Kitchen 3

Interior

Interior Features ERV/HRV, Accessory Apartment, Floor Drain, Primary Bedroom - Main Floor, Separate Hydro Meter

Cooling Central Air, Wall Unit(s)

Inclusions 3 Washing machines, 3 dryers, 3 stoves, 3 dishwashers, 3 fridges, 2 microwaves, 3 hot water tanks

Exterior

Parking Features None

Garage Spaces 5.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Poured Concrete

Others

Virtual Tour https://my.matterport.com/show/?m=o2Zy2nUXS89

Lited by EXP REALTY

Schools and Properties Nearby

KHALED AL RADWAN

Real Estate Broker

+1(647) 928-6461 | radwanrealtor@gmail.com

692 Claude ST Overbrook - Castleheights And Area, ON K1K 2S2

KHALED AL RADWAN

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Learn More About LPT Realty

692 Claude ST