381 Cooper Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,369,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 32 x 112.5 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a wonderful 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 and a1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4,334.00/mth 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/mth plus hydro & heat. Rent for 2-Bedroom unit is $2,700/mth 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 5.61. 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***
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Property Summary
This triplex located at 381 Cooper Street, Ottawa Centre is currently for sale and has been available on SousaSells for 10 days. This property is listed at $1,369,000 with an estimated mortgage of $4,557* per month. It has 3 beds, 4 bathrooms, and is 2500-3000 square feet. 381 Cooper Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in 4102 - Ottawa Centre, Ottawa Centre.
- •3 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Ottawa Centre.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Arts Centre
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
Interior Features
- Separate Heating Controls
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 381 Cooper Street, Ottawa Centre, ON
Q.What is the asking price for 381 Cooper Street, Ottawa Centre, ON ?
The current listing price for 381 Cooper Street, Ottawa Centre, ON in 4102 - Ottawa Centre, Ottawa Centre is $1,369,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 381 Cooper Street, Ottawa Centre, ON ?
381 Cooper Street, Ottawa Centre, ON is a Triplex (3-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 381 Cooper Street, Ottawa Centre, ON offer?
Key property features include: Arts Centre, Park, Place Of Worship, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls, Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 381 Cooper Street, Ottawa Centre, ON K2P 0G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $1,369,000 in Ottawa Centre, the legal minimum down payment is $273,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,855 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,855.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.