Ottawa Centre, ON K1R 6C6,698 Cooper ST
Ottawa Centre, ON K1R 6C6,698 Cooper ST
Ottawa Centre, ON K1R 6C6,698 Cooper ST
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$1,640,000
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698 Cooper ST Ottawa Centre, ON K1R 6C6

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12706774

Annual Tax Amount $7,500

Tax Year 2025

Property Sub-Type Commercial Retail

Property 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 (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.

Location

Province ON

County Ottawa

Area Ottawa

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Lot Frontage 32.96

Lot Depth 71.92

Others

Security Features No

ParcelsYN No

Virtual Tour https://drive.google.com/file/d/1rGDpXckYYdNOH_CJfVQgq0N__q90DQEw/view?usp=share_link

Listed by DETAILS REALTY INC.
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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698 Cooper ST

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