90 days on market
Virtual Tour360°
$1,595,000
For Sale

486-488 Lisgar St

Ottawa Centre, Ottawa

8+null Bed|4 Bath|Yes|90 days on market

$1,595,000

Buy with Dwelly and Save $15,950

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Home Details

Taxes
$885 / month
Total Parking Spots
5
Driveway
Private
Garage Spaces
NaN
Furnished
No
Lot Size
35.5 x 112.41 Feet
Move-in Date
Flexible
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
4
Family Room
Yes
Basement
Part Fin
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Laundry Access
Lower
Exterior
Brick
Zoning
R4T
Sewer
Sewers
Property Type
Fourplex
Style
3-Storey
Status
New
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Listing 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.
Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2

Property History

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Rooms

Room dimensions for 486-488 Lisgar St, Ottawa
Living
12 x 13156 sqft
Kitchen
7 x 16112 sqft
Dining
5 x 945 sqft
Br
11 x 14154 sqft
Living
12 x 13156 sqft
Kitchen
12 x 16192 sqft
Br
11 x 14154 sqft
Office
14 x 24336 sqft
Kitchen
12 x 9108 sqft
Br
10 x 13130 sqft
Living
16 x 11176 sqft
Kitchen
12 x 9108 sqft
Br
10 x 13130 sqft
Living
16 x 11176 sqft
Br
10 x 13130 sqft
Br
16 x 11176 sqft
Br
10 x 13130 sqft
Br
16 x 11176 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 486-488 Lisgar St is 8747

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1595000
Down Payment$319000
Mortgage Insurance$0
Total Mortgage$1276000

Monthly Payment


Mortgage Payment$7863
Property Taxes$884
Maintenance Fees$0
Monthly Payment$8747
$8747
monthly

About 486-488 Lisgar St, Ottawa

Located at 486-488 Lisgar St , this Ottawa house is available for sale. This property was listed for $1,595,000 on Thu May 29 2025. This house's size is 3500-5000 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Kitchen, Dining, Br, Living, Kitchen, Br, Office, Kitchen, Br, Living, Kitchen, Br, Living, Br, Br, Br, Br. This property comes with 5 parking spots. 486-488 Lisgar St, Ottawa is situated in the Ottawa Centre neighbourhood.


MLS#: X12182254 · $1,595,000 · 8 bedroom house in Ottawa Centre, Ottawa