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692 Claude Street

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

ActiveFor Sale
7 Beds
3 Baths
1,500 Sq Ft
Multi-Family
Virtual Tour Available

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms7
Bathrooms3
Postal CodeK1K 2S2
Last UpdatedSep 13, 2026 · 9:59 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13757876

Listed by EXP REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,349,000

asking price

MLS®X13757876
TypeMulti-Family
CityOverbrook - Castleheights and Area
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$6,587

/month · $1,079,200 mortgage

Down Payment20% — $269,800
Interest Rate5.5%

Amortization

Total Interest

$897,003

Total Cost

$1,976,203

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

EXP REALTY