438 Lewis Street
Ottawa (Ottawa Centre), ON K2P 0T3
- 5Bedrooms
- 5Bathrooms
- 3Parking
- 2000–2500Sq Ft
- $7,817Tax
- 33×99 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 438 Lewis Street, Ottawa, Ottawa Centre
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 438 Lewis Street, Ottawa, Ottawa Centre
Summarized Description
- Turnkey five-unit apartment building with immediate income.
- Over $300k in capital improvements in last 10 years.
- Fully occupied with annual gross income over $79,000.
- Potential for development with adjoining properties.
- Located in Centretown with a Walk Score of 100.
- Attractive financing options available through CMHC.
- Additional income possible from on-site parking.
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,817
- Land Transfer Tax Fee
- $19,475
Rental Items
- Rental Equipment
- None
- Basement Type
- Crawl Space
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Rolled
- Foundation Details
- Stone, Concrete
- Special Designation
- Heritage
Lot
- Lot Front
- 33.10 ft
- Lot Depth
- 99.00 ft
Exclusions
- Exclusions
- Tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 5
- Kitchens
- 5
Washrooms
- 3-piece
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Lewis St & O'Connor
- Directions
- From O' Connor, turn onto Lewis
- MLS® number
- X13773320
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-06
- Updated on
- 2026-09-11
- Days on market
- 41 days
- Possession type
- Flexible
- Co-op commission
- 2% plus HST
- Seller
- Listed by
- SUTTON GROUP - OTTAWA REALTY
Home Market Value
Current home valuation for 438 Lewis Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $1,150,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 438 Lewis Street, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $650,000 over $500K
$90,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $42,366 | $32,085 | $27,370 | $0 |
=Total mortgage | $1,101,516 | $1,067,085 | $1,004,870 | $920,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,378monthly | $5,210monthly | $4,906monthly | $4,492monthly |
Land Transfer Tax
$19,475
$19,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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