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For sale
  • C$1,595,000

    488 Lisgar St #486, Ottawa, ON K1R 5H3

    8beds
    4baths
    Quadruplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Laundry and rear deck
    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 full basement, laundry & 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 $109K (if fully tenanted). 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.
    73 days
    on Zillow
    |
    41
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 18, 2025 at 01:11pm

    Listed by:

    ROYAL LEPAGE PERFORMANCE REALTY

    Source: TRREB,MLS®#: X12182254MLS LogoOriginating MLS®#: Ottawa Real Estate Board
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Features
    • Flooring: Carpet Free
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Living area range: 3500-5000 null

    Property

    Parking
    • Total spaces: 5
    • Parking features: Private
    Features
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 3,990.55 Square Feet
    Details
    • Parcel number: 041140156

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Flat

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Ottawa

    Financial & listing details

    • Annual tax amount: C$10,613
    • Date on market: 5/29/2025
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