698 COOPER STREET, Ottawa, Ontario K1R6C6
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.
Property Specifications
Comprehensive breakdown of features and details.
Interior Details
Building & Exterior
Land & Location
Listing & Financials
Other Specifications
For Sale
$1,640,000
Beds
-
Baths
-
Living Area
3,200 sqft
Lot Size
-
Property Type
{"AvailabilityDate": null, "DocumentsAvailable": [], "LeaseAmount": null, "LeaseAmountFrequency": null, "BusinessType": [], "LeasePerUnit": null, "WaterBodyName": null, "PoolFeatures": [], "RoadSurfaceType": [], "CurrentUse": [], "PossibleUse": [], "AnchorsCoTenants": null, "Fencing": [], "OtherEquipment": [], "TotalActualRent": null, "ExistingLeaseType": [], "InternetEntireListingDisplayYN": true, "Inclusions": null, "CoListOfficeKey": "111313", "CoListOfficeKey2": null, "CoListOfficeKey3": null, "CoListAgentKey": "2155111", "CoListAgentKey2": null, "CoListAgentKey3": null, "InternetAddressDisplayYN": true, "Directions": "Cross Streets: Bronson Ave & Somerset StW. ** Directions: Corner of Percy St & Cooper St.", "AboveGradeFinishedArea": null, "AboveGradeFinishedAreaUnits": null, "AboveGradeFinishedAreaSource": null, "AboveGradeFinishedAreaMinimum": null, "AboveGradeFinishedAreaMaximum": null, "BelowGradeFinishedArea": null, "BelowGradeFinishedAreaUnits": null, "BelowGradeFinishedAreaSource": null, "BelowGradeFinishedAreaMinimum": null, "BelowGradeFinishedAreaMaximum": null, "LivingAreaSource": null, "LivingAreaMinimum": null, "LivingAreaMaximum": null, "PropertyCondition": [], "Roof": [], "ConstructionMaterials": [], "BedroomsAboveGrade": null, "BedroomsBelowGrade": null, "Zoning": null, "ZoningDescription": "R4UD (478) - C", "TaxAnnualAmount": 7500, "TaxBlock": null, "TaxLot": null, "TaxYear": null, "IrrigationSource": [], "WaterSource": ["Municipal water"], "Sewer": [], "Electric": []}
Year Built
-