486-488 Lisgar Street

486-488 Lisgar Street
486-488 Lisgar Street
486-488 Lisgar Street
+26
8
 bed
4
 bath
5
 parking
3500 - 5000
 sqft
Fourplex
$1,595,000
For Sale
4 days
 on site
$1,595,000
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Size
-
Lot size
3990 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$319 - $456
Taxes
$10,613 (2025)
Parking Type
-
Style
3-Storey
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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.
Broker: ROYAL LEPAGE PERFORMANCE REALTY
MLS®#: X12182254
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
35 Ft
Lot depth:
112 Ft
Listed on:
May 29, 2025
Show all details
Rooms
LevelNameSizeFeatures
Second
Bedroom
9.7 x 13.1 ft
Lower
Office
13.6 x 23.9 ft
Main
Bedroom
11.3 x 14.3 ft
Show all
Instant estimate:
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$7,649
higher than listed price
i
High
$1,682,782
Mid
$1,602,649
Low
$1,522,517
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About 486-488 Lisgar Street

486-488 Lisgar Street is an Ottawa fourplex for sale. 486-488 Lisgar Street has an asking price of $1595000, and has been on the market since May 2025. This 3500-5000 sqft fourplex has 8 beds and 4 bathrooms. 486-488 Lisgar Street, Ottawa is situated in Centre Town, with nearby neighbourhoods in Downtown Ottawa, Centre Town West, Lebreton and The Glebe.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

If you are looking for transit, don't fear, there is a Bus Stop (BRONSON / PRIMROSE E) a 3-minute walk.