$ 1,500,000
-
$1,500,000
Price -
6
Bed -
4
Bath -
3,000
SqFt
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About the Listing 485900 -
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 Highlights
Status
Active
Days on Site
179
Property Type
Multi-Family
MLS ®
X12706754
Year Built
Total Square Footage
3,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other: Carpet Free,In-Law Suite,Accessory Apartment,Separate Hydro Meter,Primary Bedroom - Main Floor,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Unknown
- Others: Patio
- Sewer: Sewer
- Parking Features: Street Only,No Garage
Financial Details
- Tax Amount: $7,500
- Taxes w/Assessments: N/A
- Tax/Property ID: 041210023
- Tax Year: 2025
Payment Calculator
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Questions About..
698 Cooper St Ottawa Centre, ON K1R 6C6
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