victorian house featuring brick siding More Photos

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    For Sale - 486-488 Lisgar Street, Ottawa Centre, Ontario

    Est payment $7,411/mo
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    Time on Jump  82 day

    AI Summary *

    • Well-maintained fourplex with stable tenants and great rental income potential.
    • Walkable location close to all amenities in the heart of Centretown.
    • Severance option into two semi-detached duplexes for added flexibility.
    • Each unit features laundry, rear deck, and outdoor space for tenants.
    • Parking for six vehicles, a valuable asset in an urban area.




    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.
    Listing IDX12427393
    Address486-488 Lisgar Street
    CityOttawa Centre, Ontario
    Price$1,495,000
    Bed / Bath8 / 4 Full
    Style3-Storey, Fourplex
    ConstructionBrick
    Land Size3990.55
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Carpet FreeOwnership FreeholdWaterfront NoneBasement Partially FinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  ROYAL LEPAGE PERFORMANCE REALTY
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    486-488 Lisgar Street
    Ottawa Centre , Ontario
    8 4 $1,495,000
    Get more info