620 Cooper Street, Ottawa Centre, ON K1R 5J2 (Bay St & Cooper St)

Price : $1,245,000.00 , MLS®# : X13072998

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 first 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 $2,100/mon). The second and third floor represent a 2-storey 3-bed + den apartment with elevated SOUTH-FACING deck. Vacant as of June 30, projected rent at $3,000/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). Over $400,000 in renovations over the past 5 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. CAP RATE of 5%!! Well-maintained building with parking 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.

Location Description

Bay St & Cooper St

Property Details
  • Community: 4102 - Ottawa Centre
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 5
  • Bath: 3
  • Garages: None
  • Annual Property Taxes : $ 9515.06
Building Features
  • Foundation Type: Stone
  • Counstruction Material : Brick-Wood
  • Total Parking Space : 1
  • Parking Type : None
Building Features
  • Heating : Forced AirElectric
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 28.5 sq.ft
  • Land Depth: 112.41sq.ft

Listing Contracted With: ROYAL LEPAGE TEAM REALTY