$1,640,000
13.47 BTC
Photos
Map
698 Cooper Street, Ottawa Centre
$1,640,000
PRICE
6
BEDROOMS
4
BATHROOMS
X12706754
MLSID

698 Cooper Street, Ottawa Centre

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.
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Summary

Address
698 Cooper Street
MLSID
X12706754
Property Type
Fourplex
Property Category
Bedrooms
6
Bathrooms
4
Kitchens
3
Zoning
R4UD[478]-c
Taxes (Annual)
$7,500.00
Tax Year
2025
Published
January 17, 2026
Days on Market
8 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

All appliances (stove, dishwasher, hood range, fridge, washer, dryer), light fixtures, HWT, and A/C units are included

Exclusions

tenant furnishings

Details

Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Ground Level
Bathroom 3
2-Piece Ground Level
Basement
Partially Finished
Exterior Features
Patio
Interior Features
Carpet Free, In-Law Suite, Accessory Apartment, Separate Hydro Meter, Primary Bedroom - Main Floor
Parking Features
Street Only
Architectural Style
2-Storey
Roof
Unknown
Construction Materials
Brick, Concrete
Lot Width
33 Feet
Lot Depth
72 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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