381 Cooper Street
Ottawa (Ottawa Centre), ON K2P 0G8
- 3Bedrooms
- 4Bathrooms
- 3Parking
- 2500–3000Sq Ft
- $17,656Tax
- 32×113 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 381 Cooper Street, Ottawa, Ottawa Centre
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 381 Cooper Street, Ottawa, Ottawa Centre
Summarized Description
- Fully updated property with high rental income potential.
- Commercial tenant pays significant monthly rent.
- Luxurious finishes in residential units enhance appeal.
- Large outdoor deck offers additional living space.
- Heritage designation adds unique character and value.
- Separate laundry areas for each residential unit.
- Good tenants ensure stable income stream.
- Centrally located for convenience and accessibility.
Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a Commercial Tenant on the Main Floor. A large 2-bedroom residential suite on part of 2nd floor & 3rd floor which features luxurious finishes, a front porch & a large 15 feet by 15 feet outdoor deck off the 3rd floor living area. The luxurious 1-bedroom residential suite is located on the back part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4,334.00/month which includes the annual commercial property tax & portion of annual property insurance; in addition the Commercial tenant pays approx. 70% of total city of Ottawa water bill for the complete property (approx. $1,680.00 is the Commercial Tenants portion) & other usage bills such as hydro & heat. Rent for 1-Bedroom unit is $1,575/month plus hydro & heat. Rent for 2-Bedroom unit is $2,700/month plus hydro & heat. Total approx. Gross Income = $103,308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner = $26,509.39 - Approx. Total net Income = $76,798.61 - Approx. CAP Rate of 6.02. Loads of updates throughout this centrally located building. The Front of the property has Heritage Designation.***Commercial portion of the property will have HST (In Addition) Applicable to the Sale Price***
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $17,656
- Land Transfer Tax Fee
- $21,975
- Basement Type
- Unfinished, Full
Interior Features
- Interior Extras
- Separate Hydro Meter
- View
- Downtown
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch
- Pool
- None
- Property Features
- Arts Centre, Place Of Worship, Public Transit, School
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 32.00 ft
- Lot Depth
- 112.50 ft
Inclusions
- Inclusions
- 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers
Exclusions
- Exclusions
- Commercial Tenant's Equipment, and residential tenants possessions
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 4
- Kitchens
- 3
Washrooms
- 3-piece, Second
- 4-piece, Third
- 2-piece, Main
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Bank Street
- Directions
- North Side of Cooper Street between Bank Street and O'Connor Street
- MLS® number
- X13886062
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-10
- Updated on
- 2026-10-11
- Days on market
- 8 days
- Possession date
- 2027-01-06
- Possession type
- 60-89 days
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX HALLMARK REALTY GROUP
Home Market Value
Current home valuation for 381 Cooper Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $1,275,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 381 Cooper Street, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $775,000 over $500K
$102,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $46,869 | $35,573 | $30,345 | $0 |
=Total mortgage | $1,218,594 | $1,183,073 | $1,114,095 | $1,020,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,950monthly | $5,776monthly | $5,440monthly | $4,980monthly |
Land Transfer Tax
$21,975
$21,975
Around this home
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