381 Cooper St is a 3-bedroom, 2-bathroom triplex in Ottawa, listed for $1,275,000. It has 2500-3000 sq ft of living space.
1Great Income property which has been highly updated - Fully Occupied by very good tenants.
2Property features a Commercial Tenant on the Main Floor.
3A 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.
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***
3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $510 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.Ask Zara a follow-up
Inside 381 Cooper St
Every detail from the listing, in one place.
Type
Triplex
Style
3-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
3 spaces
Basement
Unfinished, Full
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Unfinished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Triplex
381 Cooper St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13886062$1,275,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 381 Cooper St Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,264
/mo
based on the purchase price of $1,275,000
$255,000 cash
$1,020,000 financed
$859,108 total interest
Principal54%$1,020,000
Interest46%$859,108
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Ottawa
Other 5–6 bed homes for sale in Ottawa around $1.3M.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings242Homes for sale here right now.
Median vs prior 90 days+5.7%Compared with Apr 14 – Jul 13, 2026: prices up.
Based on 151 sales from Jul 13 – Oct 11, 2026 (98 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
381 Cooper St is listed at $1,275,000 (MLS® X13886062). Summitly updates the price as soon as the MLS® record changes.
Is $1,275,000 a good price for 381 Cooper St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 381 Cooper St changed?
No — 381 Cooper St is still listed at its original asking price of $1,275,000.
How many bedrooms and bathrooms does 381 Cooper St have?
381 Cooper St has 3 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a triplex in Ottawa.
Is 381 Cooper St close to transit?
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 570 m (about a 7-minute walk) in a straight line. Lyon Station is about 690 m (about a 9-minute walk), and Rideau Station is about 1.2 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 381 Cooper St?
About $6,264 a month — principal and interest on $1,275,000 with 20% down ($255,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 381 Cooper St compare with other homes in Ottawa?
Its asking price of $1,275,000 is about 177% above the median sold price in Ottawa over the last 90 days, $460,000, across 151 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 381 Cooper St been sold before?
Summitly has no earlier MLS® sale or lease of 381 Cooper St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 381 Cooper St?
381 Cooper St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 381 Cooper St been on the market?
1 day — 381 Cooper St was listed on October 10, 2026.
What is the price per square foot of 381 Cooper St?
About $425 to $510 per square foot: the asking price of $1,275,000 over the 2,500–3,000 sq ft the listing gives as its size range.
