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698 COOPER STREET

Ottawa, Ontario K1R6C6

$1,640,000 for sale



MLS®:
X12706754
Contract Days:
0
Community:
Ownership:
Property Type:
R4UD[478]-c Fourplex
Total Size:
33 x 72 FT
Built Date:
Parking:
Bedrooms:
6+
Bathrooms:
4
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
6
Bedrooms Above Ground:
6
Bedrooms Below Ground:
Total Bathrooms:
4
Whole Bathrooms:
3
Half Bathrooms:
1
Basement Type:
N/A (Partially finished)
Basement Development:
Partially finished
Appliances:
All, Dishwasher, Dryer, Range, Stove, Washer, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick, Concrete
Foundation Type:
Concrete
Utitilies

Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Central air conditioning
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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