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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.
Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2
City: Ottawa
Neighborhood: Ottawa Centre
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
May 29, 2025 | 90 | $1,595,000 | N/A | Expired | X12182254 |
Purchase Price | $1495000 |
Down Payment | $299000 |
Mortgage Insurance | $0 |
Total Mortgage | $1196000 |
Mortgage Payment | $7370 |
Property Taxes | $884 |
Maintenance Fees | $0 |
Monthly Payment | $8254 |
Located at 486-488 Lisgar St , this Ottawa house is available for sale. This property was listed for $1,495,000 on Fri Sep 26 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 6 parking spots. 486-488 Lisgar St, Ottawa is situated in the Ottawa Centre neighbourhood.
MLS#: X12427393 · $1,495,000 · 8 bedroom house in Ottawa Centre, Ottawa