486-488 Lisgar Street

486-488 Lisgar Street
486-488 Lisgar Street
486-488 Lisgar Street
+26
8
 bed
4
 bath
6
 parking
3500 - 5000
 sqft
Fourplex
$1,495,000
For Sale
3 days
 on site
$1,495,000
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Size
-
Lot size
3990 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$299 - $427
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 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.
Broker: ROYAL LEPAGE PERFORMANCE REALTY
MLS®#: X12427393
Property details
Parking:
6
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:
Sep 25, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Dining Room
5.0 x 9.1 ft
Main
Kitchen
11.7 x 15.7 ft
Third
Bedroom
15.7 x 11.1 ft
Show all
Instant estimate:
orto view instant estimate
$132,563
lower than listed price
i
High
$1,430,559
Mid
$1,362,437
Low
$1,294,315
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About 486-488 Lisgar Street

Located at 486-488 Lisgar Street, this Ottawa fourplex is available for sale. It was listed at $1495000 in September 2025 and has 8 beds and 4 bathrooms. Situated in Ottawa's Centre Town neighbourhood, Downtown Ottawa, Centre Town West, Lebreton and The Glebe are nearby neighbourhoods.

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 reliant on transit, don't fear, there is a Bus Stop (BRONSON / PRIMROSE E) only a 3 minute walk.