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$1,500,000

Active
698 Cooper Street, Ottawa, ON· Ottawa Centre
6
Bedrooms
4
Bathrooms
3000-3500
Sq Ft
$429–$500
Per Sq Ft

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About this Property

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 $3,100/month. 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.

Listed by DETAILS REALTY INC. · MLS# X12706754

Features & Details

Property details of 698 Cooper Street, Ottawa, ON

Property TypeFourplex
Style2-Storey
Size3000-3500 sq ft
BasementPartially Finished

Location

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Mortgage Calculator

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Mortgage Payment$7,369/monthly
Principal54%
Interest46%
Principal Amount$1,200,000
Interest$1,010,715
Total Payable$2,210,715
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$7,369
Mortgage + Expenses$7,369
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$
$
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Monthly Cash Flow-$7,369

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
+1 (613) 804-9117ak@realtorakash.ca
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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