668 Cooper Street

Ottawa Centre, K1R 5J4
FOR SALE
$1,200,000
668 Cooper Street, Ottawa Centre
668 Cooper Street
668 Cooper Street
668 Cooper Street
668 Cooper Street
668 Cooper Street
668 Cooper Street
668 Cooper Street
Investment
CATEGORY
35,919 Sq Ft
TOTAL AREA
X12463814
MLSID
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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%.
Property Details
Address
668 Cooper Street
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
Listing contracted with Colliers
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