For Sale: 438 Lewis Street, Ottawa, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$1,150,000
5 bd • 5 ba • 2500 sf • Multifamily
438 Lewis Street
Street ViewDirections
$1,150,000
Get pre-approved

438 Lewis StreetOttawa, ON, K2P 0T3

Centretown
  • 5 Bed
  • 5 Bath
  • 2500 Sqft
  • Multifamily

About this home

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses. (id:63626)
Listed by: Gershon Thambiah, Salesperson, SUTTON GROUP - OTTAWA REALTY

Home facts and features

Price details
List Price
$1,150,000
Get Pre-Approved
Gross Taxes for 2026
$9,439
Home facts
Bedrooms
5
Full Bathrooms
5
Parking Spaces
3
Property Type
Multifamily
Lot Size
33 ft x 99 ft (3276 ft²)
Depth
99 feet
Frontage
33.1 feet
Heating Type
Baseboard heaters
Community
Agent details
Primary Agent
Gershon Thambiah
Primary Broker
SUTTON GROUP - OTTAWA REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13773468
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Elgin Street Public School
  • Public
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Centennial Public School
  • Public
  • JK - 8
First Avenue Public School
  • Public
  • JK - 6
Immaculata School
  • Catholic
  • K - 12
Cambridge Street Community Public School
  • Public
  • JK - 6
Lady Evelyn Alternative School
  • Public
  • JK - 6
Glebe Collegiate Institute
  • Public
  • 9 - 12
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Centretown

Neighborhoods near Centretown

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-11.
Call Agent
Salesperson
Gershon Thambiah
Phone:
(613) 691-9901
Office:
613-744-5000
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss