For Sale: 3 Claremont Drive, Ottawa, ON - REW
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$3,595,000
0 bd • ba • 5350 sf • Multifamily
3 Claremont Drive
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$3,595,000
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3 Claremont DriveOttawa, ON, K1K 4J6

Manor Park
  • 0 Bed
  • Bath
  • 5350 Sqft
  • Multifamily

About this home

Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome. (id:63626)
Listed by: Gary Underwood, Salesperson, LPT REALTY

Home facts and features

Price details
List Price
$3,595,000
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Gross Taxes for 2026
$29,874
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
9
Property Type
Multifamily
Depth
49.96 feet
Frontage
109.6 feet
Heating Type
Forced air, Natural gas
Cooling
Fully air conditioned
Community
Agent details
Primary Agent
Gary Underwood
Primary Broker
LPT REALTY
Listing details
Days on REW
78 Days
Property Views
33
MLS® Number
X12901784
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Manor Park Public School
  • Public
  • JK - 6
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
ÉEP Trille des Bois
  • Public
  • JK - 8
Rideau High School
  • Public
  • 9 - 12
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
Samuel-Genest School
  • Catholic
  • 7 - 12
Robert E. Wilson Public School
  • Public
  • JK - 6
É Élém C Montfort
  • Catholic
  • JK - 6
St Brigid Elementary School
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Gary Underwood
Phone:
(613) 862-3420
Office:
877-366-2213
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