$ 1,350,000
486-488 Lisgar Street
486-488 Lisgar Street, Ottawa, ON K1R5H3 Photo 1
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486-488 Lisgar Street, Ottawa

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintainted, convenient walkable location attracts high-quality tenants. Severance into two semi-detached duplexes is also an 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 $107k. Parking for 6 vehicles at rear of property means additional parking income. An exceptional asset in an urban setting . 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. (id:1945)
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Property details for 486-488 Lisgar Street, Ottawa

Type
Multi-family
Bedrooms
8
Bathrooms
4
Lot Size
35.5 x 112.4 FT
Stories
3
Basement
Partially finished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
None
Exterior
Brick
Annual Taxes
$11,055

Nearby Listings Stat

Estimated price and comparable properties near 486-488 Lisgar Street

Active Listings
3
Min Price
$1,249,900
Max Price
$1,399,900
Avg Price
$1,333,267
Days on Market
55
days
Sold Listings
1
Min Sold Price
$2,099,900
Max Sold Price
$2,099,900
Avg Sold Price
$2,099,900
Days until Sold
64
days

Neighbourhood Census Data

Ottawa, Ontario

Population
416
Median Age
34.9
Median Income
$32,896
Dwelling Value
$501,084

Housing Tenure

Owners 26%
Renters 76%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.6
Pop. Density: 6,592.7/km²
Avg Shelter Cost: $1,786/mo
Owners with Mortgage: 69.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 51.2%
French only: 1.2%
English and French: 47.6%
Median Household Income: $54,016
Median Employment Income: $33,237

Price History

Listed
October 8, 2026
by ROYAL LEPAGE PERFORMANCE REALTY
Current Price
$1,350,000
Type
Multi-family
For Sale
486-488 Lisgar Street

Contact Agent Get in touch about 486-488 Lisgar Street, Ottawa

Chris Coveny
Chris Coveny
ROYAL LEPAGE PERFORMANCE REALTY

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