620 Cooper Street
4102 - Ottawa Centre, Ottawa Centre, K1R 5J2
FOR SALE
$1,165,000
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4 + 1
BEDROOMS 3
BATHROOMS 3 + 1
KITCHENS 17 + 6
ROOMS X13597258
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Property Description
Welcome to eclectic & historic Centertown! This COMPLETELY RENOVATED 3-unit Victorian home exudes charm & character with its high ceilings, beautifully refinished original wood floors, period details such as recreated trim work and elegant light fixtures throughout. Spacious and sunny, it offers 3 units over 4 levels. The 1st floor features a grand studio apartment (easily converts to a 1 bed by adding one wall) with fireplace hearth and access to the covered rain-proof deck overlooking the treed backyard. Vacant with projected rent at $2,000/mon). The 2nd & 3rd floor represent a 2-storey 3-bed + den apartment with elevated SOUTH-FACING deck. Vacant with projected rent at $2,900/mon). The basement is a 1-bed apartment with separate side entrance as well as the utility and laundry room. Currently rented at $1,550/mon (mon to mon). Close to $400,000 in renovations over the past 6 years - new kitchens with stone countertops and dishwashers, bathrooms, central AC and mini split units on third floor, furnace/ductwork, electrical, plumbing, roof, windows, back decks and front 2-storey porch, power washing of front facade brick, recreated bargeboard (A-frame) - all TASTEFULLY renovated with QUALITY materials. A bonus COACH HOUSE in the backyard provides so many possibilities - an art studio, home business, lockers/bike storage or a potential 4th unit. 5% CAP RATE!! Well-maintained building with parking (can be expanded to 2 tandem spots) that can easily be converted back into a single-family home or used as a multi-generational home. This block of Cooper St is a quiet, low traffic block in a vibrant urban neighbourhood, within walking distance to numerous restaurants, shops, cafes along Bank St, the Glebe, Little Italy, Chinatown, Parliament Hill, numerous parks & the Rideau canal. The Lyon LRT Station is a 10 min walk.
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Property Features
Fenced Yard, Park, Public Transit, School, Carpet Free, Storage, Private, Carbon Monoxide Detectors, Smoke Detector, Roughed In
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Property Details
Address
620 Cooper Street
Community
City
Postal Code
K1R 5J2
Property Type
Triplex, Triplex
Zoning
H1 [733]
Lot Size
28' x 112'
Taxes
$9,910 (2025
Basement
Apartment, Separate Entrance
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Electric
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Royal Lepage Team Realty
Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today's market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street's shops, restaurants, cafés, transit, and downtown amenities.
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