For sale
Fourplex

486-488 Lisgar Street

$1,595,000
Ottawa, Ontario, K1R 5H3

Overview

  • Updated On:
  • June 04 2025
  • MLS® Number
  • X12182254
  • 8 Bedrooms
  • 4 Bathrooms

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 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 $105K (if fully tenanted). Parking for at least 5 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 282 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. (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 3
Neighbourhood: Chinatown
Appliances
Dryer
Hood Fan
Stove
Washer
Refrigerator
Cooling & Heating
Natural gas
Forced air
ExteriorFinish
Brick
$ 8,177.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,184.13
Bedroom
BedroomsAboveGround: 8
BedroomsTotal: 8
Bathroom
BathroomTotal: 4
Basement
BasementDevelopment: Partially finished
BasementType: N/A (Partially finished)
Size
SizeInterior: 3500 - 5000 sqft
Construction
FoundationType: Stone
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 112 Ft ,4 In
SizeFrontage: 35 Ft ,6 In
SizeIrregular: 35.5 X 112.4 Ft
SizeTotalText: 35.5 X 112.4 Ft
ZoningDescription: R4t
Second level
Type Dimensions
Living Room 4.78 m x 3.35 m
Kitchen 3.56 m x 2.64 m
Bedroom 2.94 m x 3.99 m
Living Room 4.81 m x 3.36 m
Kitchen 3.56 m x 2.64 m
Bedroom 2.94 m x 4 m
Third level
Type Dimensions
Bedroom 2.95 m x 3.99 m
Bedroom 4.78 m x 3.39 m
Bedroom 2.95 m x 4.02 m
Bedroom 4.78 m x 3.37 m
Lower level
Type Dimensions
Office 4.15 m x 7.29 m
Main level
Type Dimensions
Living Room 3.75 m x 4.01 m
Kitchen 2.05 m x 4.74 m
Dining Room 1.51 m x 2.78 m
Bedroom 3.44 m x 4.39 m
Living Room 3.8 m x 3.97 m
Kitchen 3.55 m x 4.77 m
Bedroom 3.46 m x 4.36 m
  • Your Favourites

     

    No Favourites Found

     

  • Search

Compare Listings