698 Cooper Street, Ottawa, Ontario, K1R6C6




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$1,425,000
Ottawa
This multi-family property in Ottawa is for sale offering roughly 3,250 sq ft of space. It has been on the market 49 days, fresher than the Ottawa average of 62 days.
Excellent Investment Opportunity Single Commercial Unit Long Term barbershop tenant, and 3 Residential Units: Apt # 1, 2 bedroom with large rooftop deck, Apt # 2 is a 1 bedroom with rooftop deck, and Apt # 3 is a 3 bedroom main level apartment with a family room and storage in the lower level . Total Gross Annual Income $109,000. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-family in Ottawa has been listed for 49 days, which is 13 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,425,000, about 19.3× the local median household income of $74,000.
Carrying it typically needs a household income of about $278,352 (20% down, 25-yr amortization, stress-tested) — roughly 276% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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