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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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698 Cooper Street Ottawa
For SalePrice DropOttawa Centre

698 Cooper Street Ottawa, Commercial Retail for Sale

MLS® X12706774

Ottawa, ON

294 days on market
$1,500,000
Previously $1,640,000
Show on Map
Show on Map
N/ABeds
N/ABaths
3,200Sqft
N/AParking
Commercial Retail

Overview· 698 Cooper Street Ottawa

MLS® #X12706774

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.

Inclusions

All appliances (stove, dishwasher, hood range, fridge, washer, dryer), light fixtures, HWT, and A/C units are included

Exclusions

tenant furnishings

Broker

DETAILS REALTY INC.

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Walk Score®96Walker's ParadiseWalker's Paradise
Transit Score®86Excellent TransitExcellent Transit
Bike Score®99Biker's ParadiseBiker's Paradise
Schools8110 schools within 1.5 km · nearest 275 m10 schools within 1.5 km · nearest 275 m
Parks9210 parks within 1 km · nearest 127 m10 parks within 1 km · nearest 127 m
Convenience9667 groceries, cafes and pharmacies within 1 km · nearest 115 m67 groceries, cafes and pharmacies within 1 km · nearest 115 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 698 Cooper Street Ottawa

Source: MLS® listing data
698 Cooper Street Ottawa

Commercial Retail

698 Cooper Street Ottawa

Ottawa Centre

Type

Commercial Retail

Parking

None

Property Tax

~$7,500/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

3200 sqft

Parking

None

Finances

List Price

$1,500,000

Price per SQFT

$469/sqft

Property Tax

~$7,500/yr

Property Specs

Property Type

Commercial Retail

MLS Size

3200 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Ottawa Centre

Listed On

Jan 17, 2026

Major Highway

Public Transit

Price & Listing History

Days on Market

Current: 294 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,033/mo
Property Tax$625/mo
Total Monthly$6,658

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0