698 Cooper Street Ottawa, Ontario K1R 6C6
$1,640,000
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:59524)
Property Details
| MLS® Number | X12706774 |
| Property Type | Retail |
| Neigbourhood | Chinatown |
| Community Name | 4102 - Ottawa Centre |
| AmenitiesNearBy | Highway, Public Transit |
Building
| Appliances | All, Dishwasher, Dryer, Range, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Radiator |
| SizeExterior | 3200 Sqft |
| SizeInterior | 3200 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 71 Ft ,11 In |
| SizeFrontage | 32 Ft ,11 In |
| SizeIrregular | Bldg=32.96 X 71.92 Ft |
| SizeTotalText | Bldg=32.96 X 71.92 Ft |
| ZoningDescription | R4ud (478) - C |
https://www.realtor.ca/real-estate/29263295/698-cooper-street-ottawa-4102-ottawa-centre
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January 21 2026 06:54:33
Details Realty Inc.