$1,369,000
14.70 BTC
Photos
Map
381 Cooper Street, Ottawa Centre
$1,369,000
PRICE
3
BEDROOMS
4
BATHROOMS
X13591184
MLSID

381 Cooper Street, Ottawa Centre

Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a wonderful Commercial Tenant on the Main Floor. A large 2-bedroom residential suite on part of 2nd floor & 3rd floor which features luxurious finishes, a front porch & a large 15 feet by 15 feet outdoor deck off the 3rd floor living area and a1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4,334.00/mth which includes the annual commercial property tax & portion of annual property insurance, in addition the Commercial tenant pays approx. 70% of total city of Ottawa water bill for the complete property (approx. $1,680.00 is the Commercial Tenants portion) & other usage bills such as hydro & heat. Rent for 1-Bedroom unit is $1,575/mth plus hydro & heat. Rent for 2-Bedroom unit is $2,700/mth plus hydro & heat. Total approx. Gross Income = $103,308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner = $26,509.39 - Approx. Total net Income = $76,798.61 - Approx. CAP Rate of 5.61. Loads of updates throughout this centrally located building. The Front of the property has Heritage Designation. ***Commercial portion of the property will have HST (In Addition) Applicable to the Sale Price***
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Summary

Address
381 Cooper Street
MLSID
X13591184
Property Type
Triplex
Property Category
Bedrooms
3
Bathrooms
4
Kitchens
3
Taxes (Annual)
$17,656.39
Tax Year
2026
Published
July 21, 2026
Days on Market
49 Days
Possession Type
60-89 Days
Possession Details
Tbd
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Inclusions

2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers

Exclusions

Tenants possessions

Details

Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Third Level
Bathroom 3
2-Piece Main Level
Basement
Full, Unfinished
Exterior Features
Deck, Porch
Interior Features
Separate Heating Controls, Separate Hydro Meter
Parking Spaces
3
Parking Total
3
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Other
Lot Width
32 Feet
Lot Depth
112 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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