- Price
- $3,595,000
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 5,350 sq ft
- Type
- Multi-family
- Year built
- —
Listing courtesy of LPT REALTY
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:66700)
Location
3102 - Manor Park, Ottawa
Estimate your payment
A rough monthly cost for this home — adjust the numbers to fit your situation.
Estimated monthly payment
$16,711
or $8,355 bi-weekly
- Mortgage amount
- $2,876,000
- Total interest
- $2,137,177
Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.
Listing courtesy of LPT REALTY
Listing data last updated April 24, 2026.
Information is deemed reliable but not guaranteed and should be independently verified. Listing data is provided for personal, non-commercial use only and may not be redistributed, scraped, or used for any other purpose. Listing data is provided by the Canadian Real Estate Association’s DDF® (REALTOR.ca Data Distribution Facility). The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).