$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 Main Floor - 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 -1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays for annual commercial property tax ($11,416) divided into monthly payments & also pays portion of annual property insurance ($276 per month for a total of $3,312.00 plus pays 70% of total city of Ottawa water bill for the complete property & other usage bill 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 - Rent for 1st floor Commercial Tenant is $4,334/mth plus all above listed commercial tenant costs. Total approx. Gross Income = $103,308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner (less the tenants portions) = $14,728 - Approx. Total net Income = 88,580 - Approx. CAP Rate of 6.46. 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
1 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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