Commercial Condos for Sale in Ottawa – 692 CLAUDE STREET, Ottawa – By Peter Sagos

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Active
$1,349,000

692 CLAUDE STREET, Ottawa

7 Beds • 3.0 Baths • Multi-Family
MLS# X13757876
  • Multi-Family
  • Spacious 7-bedroom layout
  • 5-car parking
  • Ottawa location
613-369-5199

Ask Peter Sagos about this property

About This Property

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. (id:66401)

Property Details

Bedrooms 7
Bathrooms 3.0
Parking 5 spaces
Property Type Multi-Family

Building & Features

Building

Building type
Triplex
Style
Bungalow
Storeys
1
Exterior
Brick, Aluminum siding
Foundation
Poured Concrete
Building features
Separate Electricity Meters

Interior

Basement
Apartment in basement, N/A
Secondary suite
Yes
Bedrooms above grade
4
Bedrooms below grade
3
Heating
Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
Cooling
Central air conditioning, Wall unit
Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater

Parking

Garage and parking
No Garage

Lot and land

Lot dimensions
90 x 131.4 FT
Frontage
90 ft
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

692 CLAUDE STREET, Ottawa, Ontario, K1K2S2

Interested in This Property?

Peter Sagos

Contact

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Peter Sagos ยท Ottawa Condo Specialist

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Peter@Condo613.ca 613-369-5199
14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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