29
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$1,495,000
Est. payment /mo
8 Beds
4 Baths
New
486-488 Lisgar ST Ottawa Centre, ON K1R 5H3
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4102 - Ottawa Centre
MLS Listing ID X12427393
Style 3-Storey
Bedrooms 8
Annual Tax Amount $10,613
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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 $112K. 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.
Location
Province ON
County Ottawa
Community 4102 - Ottawa Centre
Area Ottawa
Rooms
Family Room No
Basement Partially Finished
Kitchen 4
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Waterfront Description None
Roof Type Flat
Lot Frontage 35.5
Lot Depth 112.41
Total Parking Spaces 6
Building
Foundation Stone
Listed by ROYAL LEPAGE PERFORMANCE REALTY
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