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:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
3,000 sq. ft.279 m2
Living Area (Max):
3,500 sq. ft.325 m2
Zoning:
R4UD[478]-c
Taxes:
$7,500 /
2025
Community:
4102 - Ottawa Centre
Features:
Separate Electricity Meters
Exterior Features:
Concrete, Brick
Structure Type:
Fourplex
Appliances Included:
All, Washer, Refrigerator, Dishwasher, Stove, Range, Dryer
Bedrooms:
6
Bedrooms Above Grade:
6
Bathrooms:
4.0
Half Bathrooms:
1
Cooling:
Central air conditioning
Fireplace:
No
Foundation:
Concrete
Heating:
Forced air, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Partially finished, N/A
Lot Frontage:
33'10.1 m
Lot Details:
33 x 72 FT
Lot Features:
Carpet Free, In-Law Suite
Parking:
No Garage, Street
Total Parking Spaces:
0
698 Cooper St - Main Frame
698 Cooper St & 115 Percy St
Separate Entrance to 3BR Unit - 115 Percy St
Kitchen (3BR Unit)
Kitchen (3BR Unit)
Living Room & Kitchen w Movable Island
3-Piece Bathroom w Shower (3BR Unit)
3-Piece Bathroom w Shower (3BR Unit)
Bedroom #1(3BR Unit)
Bedroom #2 (3BR Unit)
Bedroom #3 (3BR Unit)
Basement Rec Room (3BR Unit)
Basement Rec Room (3BR Unit)
Basement Flex Room (3BR Unit)
Basement Flex Room (Washer/Dryer in Basment too)
Entrance to Apt 1 & 2 - w Private Roof Top Terrace
Kitchen (2BR Unit)
Kitchen(common Washer/Dryer avail for these Units)
At Details Realty Inc., Brokerage, we will get your home SOLD!
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.