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:2493)
Property Type:
Retail
Total Living Area:
3,200 sq. ft.297 m2
Total Building Area:
3,200 sq. ft.297 m2
Zoning:
R4UD (478) - C
Taxes:
$7,500 /
-
Community:
4102 - Ottawa Centre
Appliances Included:
All, Washer, Dishwasher, Range, Dryer
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Forced air, Natural gas, Radiator
Water:
Municipal water
Lot Frontage:
32'1"9.79 m
Lot Details:
Bldg=32.96 x 71.92 FT
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!
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