For Sale: 486-488 Lisgar Street, Ottawa, ON - REW
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$1,350,000
8 bd • 4 ba • 3500 - 4999 sf • Multifamily
486-488 Lisgar Street
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$1,350,000
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486-488 Lisgar StreetOttawa, ON, K1R 5H3

Centretown
  • 8 Bed
  • 4 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintainted, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an option with separate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with full basement, laundry & rear deck + a three-bedroom 2nd/3rd floor unit with front porch. Income $107k. Parking for 6 vehicles at rear of property means additional parking income. An exceptional asset in an urban setting . Whether you're looking to expand your investment portfolio, create multi-generational housing, or generate income while living downtown, this property offers tons of versatility. (id:63626)
Listed by: Chris Coveny, Broker, ROYAL LEPAGE PERFORMANCE REALTY

Home facts and features

Price details
List Price
$1,350,000
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Gross Taxes for 2026
$11,055
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Lot Size
35 ft x 112 ft (3990 ft²)
Depth
112.4 feet
Frontage
35.6 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Partially finished,
Features
Carpet Free
Appliances
Dryer, Hood Fan, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE PERFORMANCE REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13875382
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Centennial Public School
  • Public
  • JK - 8
Cambridge Street Community Public School
  • Public
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
St Anthony Elementary School
  • Catholic
  • JK - 6
Elgin Street Public School
  • Public
  • JK - 6
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Glebe Collegiate Institute
  • Public
  • 9 - 12
Devonshire Community Public School
  • Public
  • JK - 6
First Avenue Public School
  • Public
  • JK - 6
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
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Call Agent
Broker
Chris Coveny
Phone:
(613) 858-2188
Office:
613-238-2801
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