Mirna Botros

613-600-2626

698 Cooper Street - $1,640,000

698 Cooper Street

$1,640,000

4102 - Ottawa Centre

Ottawa, OntarioK1R6C6

6 beds

4 baths

0 parking

MLS#: X12706754Listed: about 4 hours agoUpdated:about 3 hours ago

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; 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:58075)

Details

Details for 698 Cooper Street, Ottawa, Ontario

Property Type: Multi Family
Building Type: Fourplex
Storeys: 2
Neighborhood: 4102 - Ottawa Centre
Land Size: 33 x 72 FT
Year Built: -
Annual Property Taxes: $7,500
Parking Type: No Garage, Street

Inside

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Range, Dryer
Rooms: -
Bedrooms: 6
Bathrooms: 4
Fireplace: -
Fireplace Total: -
Basement: Partially finished, N/A

Building

Architecture Style: -
Direction: Cross Streets: Bronson Ave & Somerset StW. ** Directions: Corner of Percy St & Cooper St.
Type of Dwelling: fourplex
Roof: -
Exterior: Concrete, Brick
Foundation: Concrete
Flooring: -