$1,690,000
Available - For Sale
Listing ID: X12148326
698 Cooper Street , Ottawa Centre, K1R 6C6, Ottawa
| Exceptional mixed-use fourplex positioned prominently at the corner of Cooper and Percy in high-demand Centretown. This income-generating asset features three residential units (one 3-bed, one 2-bed, and one 1-bed), plus a street-level commercial storefront - perfect for retail, professional services, or studio use. Flexible TM zoning allows multiple configurations and excellent upside potential. Ideal for investors seeking stable income, value-add repositioning, or a strategic owner-occupier opportunity. Walking distance to Chinatown, Little Italy, future Lebreton Flats arena, LRT, and downtown core amenities. A high-visibility property primed for growth. Income is based on stabilized figures (market rents, etc.). |
| Price | $1,690,000 |
| Taxes: | $7779.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 698 Cooper Street , Ottawa Centre, K1R 6C6, Ottawa |
| Postal Code: | K1R 6C6 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Bronson Ave - Cooper St - Percy St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 2368.06 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Management Expense: | 7000 |
| Water Expense: | $2000 |
| Vacancy Allowance: | 3500 |
| Net Income Before Debt: | $87721 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP - OTTAWA REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4102 - Ottawa Centre |
| Tax: | $7,779 |
| Fireplace: | N |
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