486-488 Lisgar Street Ottawa Centre, ON K1R 5H3
Listing Courtesy of: TORONTO IDX / Royal Lepage Performance Realty

  486-488 Lisgar Street Ottawa Centre, ON K1R 5H3

Active
$1,595,000
8
BED
4
BATH
3500-5000
SQFT
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Description

Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex has owner-occupier potential, with a currently vacant 3 bedroom unit, or set your own rent and choose your own tenant. Severance into two semi-detached duplexes is another excellent option with seperate 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. This well-maintained property has stable, long-term tenants, due to the convenient location with walkable access to all the amenities. Income $109K (if fully tenanted). 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.

MLS®:
X12182254
Taxes
$10,613(2025)
Type
Multifamily
Style
3-Storey
County
Ottawa
Community
4102 - Ottawa Centre

Listed By

Royal Lepage Performance Realty
Source
TORONTO IDX
Last checked Jul 7 2025 at 9:18 PM GMT+0500
Bathroom Details
Interior Features
  • Carpet Free
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Partially Finished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
Stories
  • 3
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/7/25 14:18

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