668 Cooper Street
Ottawa Centre, K1R 5J4
FOR SALE
$1,200,000

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Investment
CATEGORY35,919 Sq Ft
TOTAL AREAX12463814
MLSIDContact Us
Property Description
Introducing 668 Cooper Street, a fully turnkey fourplex that blends timeless character with thoughtful modern upgrades. With more than $120,000.00 invested in renovations and a strong tenant base, this property is a solid and appealing addition to any real estate portfolio. The building features three one-bedroom apartments and one expansive two-bedroom suite. The two-bedroom unit offers two bathrooms, a gas fireplace, access to basement storage, and a private patio and yard. Each one-bedroom unit has its own charm: one includes a bright glass-enclosed balcony and kitchen, another offers a welcoming foyer with garden views and excellent storage, while the loft-style unit boasts a skylight and private rooftop terrace. Important upgrades to the property include roof sections replaced within the last 11 years, updated wiring, a newer boiler, and a fire code retrofit completed in 2003. The property offers a Gross Operating Income (GOI) of $88,080 and a Net Operating Income (NOI) of $64,976, reflecting a cap rate of 5.4%.
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Property Details
Address
668 Cooper Street
Community
City
Postal Code
K1R 5J4
Property Type
Investment, Investment
Use
Apartment
Zoning
R4UD[478]
Lot Size
30' x 112'
Total Area
35,919 Sq Ft
Office Area
3,337 Sq Metres
Acreage
3,337.0 Feet
Taxes
$13,357 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Colliers
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