Ottawa, ON K1R 5H3,486-488 Lisgar ST
Ottawa, ON K1R 5H3,486-488 Lisgar ST
Ottawa, ON K1R 5H3,486-488 Lisgar ST
Ottawa, ON K1R 5H3,486-488 Lisgar ST
Ottawa, ON K1R 5H3,486-488 Lisgar ST
Ottawa, ON K1R 5H3,486-488 Lisgar ST
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$ 1,495,000
Est. payment | /mo

8 Beds

4 Baths


Save
$ 1,495,000
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12427393

Style 3-Storey

Bedrooms 8

Annual Tax Amount $10,613

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex is well-maintained and has stable tenants, due to the convenient location with walkable access to all the amenities. Severance into two semi-detached duplexes is an excellent 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 $110K. Parking for 6 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 482 Lisgar). 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.

Location

Province ON

County Ottawa

Community 4102 - Ottawa Centre

Area Ottawa

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features Carpet Free

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Waterfront Description None

Roof Type Flat

Lot Frontage 35.5

Lot Depth 112.41

Total Parking Spaces 6

Building

Foundation Stone

Others

ParcelsYN No

Listed by ROYAL LEPAGE PERFORMANCE REALTY
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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486-488 Lisgar ST

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