698 Cooper Street, Ottawa, Ontario K1R 6C6

Listed for:
$1,640,000
0 beds
0 baths
Listed 29 days ago
698 Cooper Street, Ottawa, Ontario K1R 6C6

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About

Cross Streets: Bronson Ave & Somerset StW. ** Directions: Corner of Percy St & Cooper St. 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:27476)

Property Highlights

MLS® Number
X12706774
Type
Retail
Community Name
4102 - Ottawa Centre
Land Size
Bldg=32.96 x 71.92 FT

Building

Square Footage
3200 sqft
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, Radiator
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
DETAILS REALTY INC.
MLS® number:
X12706774
Agent:
Camelia Dubic
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