Salehian.com 647-325-5000

692 Claude Street

3504 - Castle Heights/Rideau High, Overbrook - Castleheights and Area, K1K 2S2

$1,349,000

Photo 1 of 48Photo 2 of 48Photo 3 of 48Photo 4 of 48Photo 5 of 48Photo 6 of 48Photo 7 of 48Photo 8 of 48Photo 9 of 48Photo 10 of 48Photo 11 of 48Photo 12 of 48Photo 13 of 48Photo 14 of 48Photo 15 of 48Photo 16 of 48Photo 17 of 48Photo 18 of 48Photo 19 of 48Photo 20 of 48Photo 21 of 48Photo 22 of 48Photo 23 of 48Photo 24 of 48Photo 25 of 48Photo 26 of 48Photo 27 of 48Photo 28 of 48Photo 29 of 48Photo 30 of 48Photo 31 of 48Photo 32 of 48Photo 33 of 48Photo 34 of 48Photo 35 of 48Photo 36 of 48Photo 37 of 48Photo 38 of 48Photo 39 of 48Photo 40 of 48Photo 41 of 48Photo 42 of 48Photo 43 of 48Photo 44 of 48Photo 45 of 48Photo 46 of 48Photo 47 of 48Photo 48 of 48
  • 4+3 bedrooms
  • 3 bathrooms
  • 5 parking
  • 1500-2000 sq ft

Listed 42 days ago · MLS® X13757876

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.

Details

Type
Triplex
Style
Bungalow
Size
1500-2000 sq ft
Lot
90 × 131.36 ft
Basement
Apartment
Garage
None
Kitchens
3
Property tax
$5,609 (2025)
Neighbourhood
3504 - Castle Heights/Rideau High
Municipality
Overbrook - Castleheights and Area

Interior

Bedrooms
4 above ground + 3 below
Bathrooms
1 × 4-piece (main), 1 × 4-piece (main), 1 × 4-piece (basement)
Kitchens
3 (1 below ground)
Rooms
13 above ground + 7 below
Family room or den
No
Fireplace
No
Features
ERV/HRV, Accessory Apartment, Floor Drain, Primary Bedroom - Main Floor, Separate Hydro Meter

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Central Air, Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Brick, Aluminum Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Faces
North

Parking

Garage spaces
5
Total parking
5

Lot

Size
90 × 131.36 ft

More

Possession
Immediate
Cross street
Clarke and St. Laurent

History of this address

7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St-Laurent LRT1.9 km
  • 🚇 Cyrville LRT2.1 km

Within a 10-minute walk: 2 grocery stores, 22 cafés and restaurants, 8 parks, 9 pharmacies. Nearest grocery: Your Independent Grocer (400 m). Nearest park: Forbes Park (200 m).

Schools nearby

Elementary

  • Queen Elizabeth Public School
    EQAO: Gr 6 reading 66%, math 17%    3 min walk
  • St-Laurent Academy Private5 min walk
  • Our Lady Of Mount Carmel School Catholic9 min walk
  • Robert E. Wilson Public School
    EQAO: Gr 6 reading 82%, math 41%    14 min walk

Secondary

  • Ottawa Technical Secondary School
    EQAO: Gr 9 math 23%, literacy test 48%    15 min walk
  • Samuel-Genest Catholic High School Catholic
    EQAO: Gr 9 math 68%, literacy test 96%    15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1K

Owners / renters
41% / 59%
Median household income
$73,500
Average age
43
Children under 15
15%
Homes
18% detached, 27% high-rise
Commute by transit
18%
Population
32,046

Languages spoken most at home besides English: Arabic 3.2%, Spanish 1.1%, Somali 0.8%, Tagalog (Pilipino, Filipino) 0.7%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 5 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Overbrook - Castleheights and Area