698 COOPER STREET , Ottawa Ontario K1R6C6

Sale $1,640,000  | 
Listing # X12706774
698 Cooper St & 115 Percy St Separate Entrance to 3BR Unit - 115 Percy St Kitchen (3BR Unit)
Listing courtesy of: 

DETAILS REALTY INC.  |  Phone: (613) 889-0608

For more information, please contact:
Kaveh Sohrabi

Kaveh Sohrabi

Real Estate Broker

Phone: (613) 261-7002

KAVEH_SOHRABI@YAHOO.COM

Details Realty Inc., Brokerage (Independently owned and operated)

Brokerage

1530 Stittsville Main St., Box 1024
Ottawa,  ON K2S 1B2

Remarks:

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. (id:7526)

Commercial

Neighbourhood: 4102 - Ottawa Centre
Lot Frontage: 32.9 Feet
Lot Depth: 71.9 Feet
Lot Size: Bldg=32.96 x 71.92 FT
Zoning: R4UD (478) - C

Property Features:

Amenities Nearby: Highway , Public Transit
Property Type: Retail

Building Features:

Appliances: All , Dishwasher , Dryer , Range , Washer
Cooling Type: Fully air conditioned
Heating Fuel: Natural gas
Heating Type: Forced air , []