Gurvinder Nokwal REALTOR®
For Sale Triplex 40 days on market

$1,349,000

Est. payment $5,973/moCalculate yours

692 Claude Street, Overbrook - Castleheights and Area, ON K1K 2S2

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

  • 4 + 3 Beds
  • 3 Baths
  • 5 Garage
  • 1,500 Sq Ft

Listing courtesy of EXP REALTY 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.

Property details

Overview

Property Type
Triplex
Style
Bungalow
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
4 + 3
Bathrooms
3
Kitchens
3
Basement
Apartment

Building & Systems

Heating
Baseboard (Electric)
Cooling
Central Air, Wall Unit(s)
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
90 x 131.36 Feet
Parking
None garage · 5 total

Financial

Property Taxes
$5,609 (2025)

Location

Neighbourhood
3504 - Castle Heights/Rideau High
Cross Street
Clarke and St. Laurent
Direction Faces
North

Listing

MLS® Number
X13757876
Days on Market
40
Listed On
2026-09-08
Listed By
EXP REALTY

Features

Interior

  • ERV/HRV
  • Accessory Apartment
  • Floor Drain
  • Primary Bedroom - Main Floor
  • Separate Hydro Meter

Pool

  • None
Included
3 Washing machines, 3 dryers, 3 stoves, 3 dishwashers, 3 fridges, 2 microwaves, 3 hot water tanks
Excluded
Tenants belongings

Mortgage calculator

Minimum for this price: $109,900 (8.15%)

Amortization, years

Estimated mortgage payment

$5,973 per month

Principal and interest
$5,973
Property tax
$467
Estimated monthly cost
$6,440

Your mortgage

Mortgage amount
$1,079,200
Mortgage insurance
Not needed
Interest over 25 years
$712,724

Cash to close

Down payment
$269,800
Land transfer tax
$23,455
Total, before legal fees
$293,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

692 Claude Street, Overbrook - Castleheights and Area, ON K1K 2S2 3504 - Castle Heights/Rideau High, Overbrook - Castleheights and Area, ON K1K 2S2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,349,000 692 Claude Street, Overbrook - Castleheights and Area, ON K1K 2S2
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