34
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$1,500,000
Est. payment /mo
3,200 SqFt
Price Dropped by $140K
698 COOPER STREET Ottawa, ON K1R6C6
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3200
Square Footage 3,200 sqft
Price per Sqft $468
Subdivision 4102 - Ottawa Centre
MLS® Listing ID X12706774
Property Description
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 (R4UD (478) - C); 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Radiator,
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://drive.google.com/file/d/1rGDpXckYYdNOH_CJfVQgq0N__q90DQEw/view?usp=share_link
Listed by DETAILS REALTY INC.
NEARBY SCHOOL & BUSINESS
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