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698 Cooper Street

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  • 6 Bedroom
  • 4 Bathroom
  • 3,000 - 3,500 ft2
  • Central Air Conditioning
  • Forced Air

$1,500,000

Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning; buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour. (id:50982)

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Details

Property Details
MLS® Number X12706754
Property Type Multi-family
Neigbourhood Centretown
Community Name 4102 - Ottawa Centre
Features Carpet Free, In-law Suite
Structure Patio(s)
Building
Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances All, Dishwasher, Dryer, Range, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Concrete
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3,000 - 3,500 Ft2
Type Fourplex
Utility Water Municipal Water
Parking
No Garage
Street
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 72 Ft
Size Frontage 33 Ft
Size Irregular 33 X 72 Ft
Size Total Text 33 X 72 Ft
Zoning Description R4ud[478]-c

Map

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