486-488 Lisgar Street, Ottawa, photo 1 1 / 24

$1,350,000

486-488 Lisgar Street

Ottawa Centre, Ottawa, ON K1R5H3 · MLS® X13875382

  • 8Bedrooms
  • 4Bathrooms
  • 6Parking

About this property

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, 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:65933)

Type
Fourplex
Category
Multi-family
Annual taxes
$11,055
Updated
Oct 15, 2026

Run the numbers

A quick investor's view. Change any figure; we'll do the full analysis with you.

Mortgage / mo–

Property tax / mo–

Net operating income / yr–

Cash flow / mo–

Cap rate–

Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Performance Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

Similar listings in Ottawa Centre