486-488 LISGAR STREET, Ottawa, Ontario

$1,595,000

8 Beds
4 Baths

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:56241)

Listing ID: X12182254
Property Type: Multi-family

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with one of our Ottawa real estate agents to view this property.

Schedule Private Tour

Are you looking for a private viewing? Schedule a tour with one of our Ottawa real estate agents.

Match your Lifestyle with your Home

Let us put you in touch with a REALTOR® who specializes in the Ottawa market to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let one of our Ottawa real estate agents help you find a property to match your lifestyle.

Rooms

Level	Type	Dimensions
Living room	Second level	4.78 m x 3.35 m
Kitchen	Second level	3.56 m x 2.64 m
Bedroom	Second level	2.94 m x 3.99 m
Living room	Second level	4.81 m x 3.36 m
Kitchen	Second level	3.56 m x 2.64 m
Bedroom	Second level	2.94 m x 4 m
Bedroom	Third level	2.95 m x 3.99 m
Bedroom	Third level	4.78 m x 3.39 m
Bedroom	Third level	2.95 m x 4.02 m
Bedroom	Third level	4.78 m x 3.37 m
Office	Lower level	4.15 m x 7.29 m
Living room	Main level	3.75 m x 4.01 m
Kitchen	Main level	2.05 m x 4.74 m
Dining room	Main level	1.51 m x 2.78 m
Bedroom	Main level	3.44 m x 4.39 m
Living room	Main level	3.8 m x 3.97 m
Kitchen	Main level	3.55 m x 4.77 m
Bedroom	Main level	3.46 m x 4.36 m

Details

Equipment: Water Heater
Features: Carpet Free
Parking Spaces: 5
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R4T

Building

Appliances: Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementType: N/A (Partially finished)
Basement Development: Partially finished
Bedrooms Main Level: 8
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3500 - 5000 sqft
Stories Total: 3
Type: Fourplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 35 ft ,6 in
Size Irregular: 35.5 x 112.4 FT

Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 486-488 LISGAR STREET in Ottawa Ontario. It was last modified on May 29th, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in Ottawa properties.

Terms of Use Agreement

Terms of Use
This website is operated by Royal LePage® Ottawa, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Ottawa, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Royal LePage® Ottawa may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline

Ottawa Real Estate

Find Latest MLS® Properties For Sale