REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,495,000
Est. payment /mo
Active
486-488 Lisgar ST Ottawa Centre, ON K1R 5H3
8 Beds
4 Baths
UPDATED:
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, long-term 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 $111K. 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
Zoning R4T
Rooms
Family Room No
Basement Partially Finished
Kitchen 4
Interior
Interior Features Carpet Free
Cooling None
Inclusions Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 35.5
Lot Depth 112.41
Total Parking Spaces 6
Building
Foundation Stone
Others
Senior Community No
Listed by ROYAL LEPAGE PERFORMANCE REALTY
