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

    Est payment $6,483/mo
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    Time on Jump  10 day

    AI Summary *

    • All brick fourplex in the heart of Centretown, highly walkable area.
    • Well-maintained with high-quality tenants, excellent investment potential.
    • Option to sever into two semi-detached duplexes for added flexibility.
    • Includes separate utilities for each unit, enhancing rental income.
    • Parking for six vehicles, providing additional income opportunities.




    Don't miss this fantastic investment opportunity! All brick side-by-side 3 storey fourplex, located in the heart of centretown. Well-maintained, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an 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 $107k. Parking for 6 vehicles at rear of property means additional parking income. An exceptional asset in an urban setting . 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 IDX13875382
    Address486-488 Lisgar Street
    CityOttawa Centre, Ontario
    Price$1,350,000
    Bed / Bath8 / 4 Full
    Style3-Storey, Fourplex
    ConstructionBrick
    Land Size3972
    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 Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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