Property Information:
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. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Fourplex
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Amenities:
Separate Hydro Meters
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Basement Development:
Partially finished
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Basement Type:
N/A
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Exterior Finish:
Brick, Concrete
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Floor Space:
3000 - 3500 sqft
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Foundation Type:
Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
All, Dishwasher, Dryer, Range, Stove, Washer, Refrigerator
