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 (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. (id:47421)
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Detailed Information
Lot
32.92 x 71.92 ft
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2026-01-17
Location Description
Cross Streets: Bronson Ave & Somerset StW. ** Directions: Corner of Percy St & Cooper St.
Property Type
Retail
Transaction Type
For sale
Zoning Description
R4UD (478) - C
Building
Appliances
All, Dishwasher, Dryer, Range, Washer
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air, Radiator
Size (Exterior)
3200 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=32.96 x 71.92 FT
Amenities
Highway, Public Transit
Size of Irregular Land
Bldg=32.96 x 71.92 FT
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