$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
Estimated mortgage payment
$5,973 per month
- Principal and interest
- $5,973
- Property tax
- $467
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $293,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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