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    For Sale - 698 Cooper Street, Ottawa Centre, Ontario

    Est payment $7,203/mo
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    Views   3
    Time on Jump  169 day

    AI Summary *

    • Mixed-use fourplex with three residential units and a commercial space.
    • Prime location in Centretown, surrounded by shops and public transit.
    • Recent renovations and new roof/windows offer modern comfort.
    • Investment opportunity with stable income from leased barber shop.
    • Each apartment has access to rooftop space and common laundry facilities.




    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.
    Listing IDX12706754
    Address698 Cooper Street
    CityOttawa Centre, Ontario
    Price$1,500,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Concrete
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Carpet Free, In-Law Suite, Accessory Apartment, Separate Hydro Meter, Primary Bedroom - Main FloorOutdoor Features PatioOwnership FreeholdBasement Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  DETAILS REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    698 Cooper Street
    Ottawa Centre , Ontario
    6 4 $1,500,000
    Get more info