698 COOPER STREET, Ottawa
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:25961)
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Details
- Features: Carpet Free, In-Law Suite
- Structure: Patio(s)
- Transaction: For sale
- Zoning Description: R4UD[478]-c
Building
- Amenities: Separate Electricity Meters
- Appliances: All, Dishwasher, Dryer, Range, Stove, Washer, Refrigerator
- BasementType: N/A (Partially finished)
- Basement Development: Partially finished
- Bedrooms Main Level: 6
- Cooling: Central air conditioning
- Exterior Finish: Brick, Concrete
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Half): 1
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3000 - 3500 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 72 ft
- Size Frontage: 33 ft
- Size Irregular: 33 x 72 FT
This property for sale is located at 698 COOPER STREET in Ottawa. It was last modified on April 21st 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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