486-488 Lisgar Street
Ottawa (Ottawa Centre), ON K1R 5H3
- 8Bedrooms
- 4Bathrooms
- 6Parking
- 3500–5000Sq Ft
- $11,055Tax
- 36×112 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 486-488 Lisgar Street, Ottawa, Ottawa Centre
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 486-488 Lisgar Street, Ottawa, Ottawa Centre
Summarized Description
- Located in the heart of Centretown.
- Well-maintained property attracting high-quality tenants.
- Potential to sever into two duplexes.
- Generates significant income of $107k.
- Parking for 6 vehicles offers extra income.
- Versatile for investment or multi-generational housing.
- Includes one-bedroom and three-bedroom units.
- Urban setting enhances rental appeal.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $11,055
- Land Transfer Tax Fee
- $23,475
Rental Items
- Rental Equipment
- 2 hot water heaters
- Under Contract
- Hot Water Heater
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Flat
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 35.50 ft
- Lot Depth
- 112.41 ft
- Lot Size
- 3972
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2
Exclusions
- Exclusions
- Tenant's possessions
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Ottawa
- Neighbourhood
- Ottawa Centre
- Main cross streets
- Bronson Ave
- Zoning
- R4T
- Directions
- Lisgar between Lyon & Bay
- Waterfront
- None
- MLS® number
- X13875382
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-08
- Updated on
- 2026-10-10
- Days on market
- 7 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE PERFORMANCE REALTY
Home Market Value
Current home valuation for 486-488 Lisgar Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $1,350,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 486-488 Lisgar Street, Ottawa, Ottawa Centre
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $850,000 over $500K
$110,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $49,572 | $37,665 | $32,130 | $0 |
=Total mortgage | $1,288,872 | $1,252,665 | $1,179,630 | $1,080,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,293monthly | $6,116monthly | $5,760monthly | $5,273monthly |
Land Transfer Tax
$23,475
$23,475
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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