396 COOPER STREET, Ottawa

$7,800,000

For sale: Other

Other at 396 COOPER STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X12846190
Neighbourhood
4102 - Ottawa Centre

This four-storey mixed-use building offers a rare opportunity to own your place of business in one of Ottawa's most walkable neighbourhoods. With up to two full floors of recently updated vacant office space, and two floors leased to national and local tenants, this asset combines stability and flexibility for owner-users or strategic investors. PROPERTY HIGHLIGHTS: 28,996 SF across 4 storeys with elevator access, Occupy 7,000SF to 14,500 SF potential vacancy across 3rd & 4th floors, Income-Producing Ground and Second Floors with Tim Hortons, Henry's Photo & others, 30 Surface Parking Spaces - extremely rare in Ottawa's core, Recent Upgrades: Elevator (2020), windows (2012), HVAC, and finishes, Easy access to Bank Street, the Queensway, and multiple transit lines, Prime Corner-lot exposure at Bank & Cooper with tremendous branding potential, Future-Proof - Zoned TM H(19): Supports residential conversion or mixed-use redevelopment.

Sold data

Homes in Ottawa Centre — recent sold market

Homes in Ottawa Centre took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 51, across 80 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $427,450.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$427,450
Sale-to-list ratio
97.2%
Sold above asking
9%

Based on 80 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 396 COOPER STREET