Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and wood-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.
Address
3 Claremont Drive
List Price
$3,595,000
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Manor Park - Cardinal Glen and Area
Sub-Area
3102 - Manor Park
Region
Ottawa
Lot Depth
49.96
Lot Type
Building
Lot Size Units
Feet
Lot Width
109.5
Parcel Number
042730417
Total Building Area
5350
Occupant Type
Tenant
Cross Street
St. Laurent BLVD & Hemlock Road
Approx. Age
16 - 30 Years
MLS® Number
X12901784
Listing Brokerage
LPT REALTY
Postal Code
K1K 4J6
Posession Details
TBA
Parking Spaces
9
Tax Amount
$29,874.00
Tax Year
2025
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Other
Security Features
Yes
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