For Sale

486-488 Lisgar Street, Ottawa Centre, Ontario K1R 5H3

$1,495,000

486-488 Lisgar Street, Ottawa Centre, Ontario K1R 5H3 is For Sale and has a listing price of 1,495,000. The property is located in the Ottawa Centre . It's been on the website for 41 Days.

  • Fourplex
    Property Type
  • 8
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12427393
  • Office Name ROYAL LEPAGE PERFORMANCE REALTY
Property Description

Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex is well-maintained and has stable 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 $110K. 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12427393
  • Price: $1,495,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 112.41
  • Ref ID: X12427393
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Bronson Ave
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/25/2025 X12427393 $1,495,000 For Sale - -
05/29/2025 X12182254 $1,595,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $732,798 Average List Price
    based on 1 year
  • 131 New Listings
    based on 30 days
  • 46 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.51 % Up
  • Sold (12mo) 161
  • Rented (12mo) 178

  • 1 Month Change +51.3%
  • 3 Month Change -
  • 6 Month Change -35.5%
Walkscore
  • 98 Walk Score
    Walker's Paradise
  • 89 Transit Score
    Excellent Transit
  • 99 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 6
  • Exterior Brick
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 2
  • Taxes: $10,613
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/09/2025 20:33:36
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