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MLS® X12706774
Ottawa, ON
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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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
Days on Market
Current: 294 days
Room information is not available for this listing.
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