698 Cooper Street
Ottawa Centre, ON
- 3,200 sqft
- Commercial Retail
- 235 days on market
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 $3,100/year. Residential Neighbourhood Commercial zoning (R4UD (478) - C); 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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Listing Details
- Taxes (2025)
- $7,500
- Originally Listed
- $1,640,000
- Listed
- January 17, 2026
Price History
Listing history
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Property
- Lot Size
- 32.96 x 71.92 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Bronson Ave & Somerset StW
- Zoning
- R4UD (478) - C
- Parcel Number
- 041210023
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- All appliances (stove, dishwasher, hood range, fridge, washer, dryer), light fixtures, HWT, and A/C units are included
- Exclusions
- tenant furnishings
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K1R
- Population
- 20,343
- Private dwellings
- 12,836
- Median age
- 36
- Average household size
- 1.7
- Median household income
- $74,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Ottawa Centre · last 12 months
- Median sold price
- $450,000
- Homes sold
- 371
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 371 recorded sales of commercial properties in Ottawa Centre over the last 12 months.
Listed by
DETAILS REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,200 sq ft
- Price per sq ft
- $468.75
- Annual property tax
- $7,500
- Tax per sq ft
- $2.34
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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