LOADING

486-488 Lisgar Street Ottawa, Ontario K1R 5H3

8 Bedroom 4 Bathroom 3500 - 5000 sqft
Forced Air

$1,595,000

Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex has owner-occupier potential, with a currently vacant 3 bedroom unit, or set your own rent and choose your own tenant. Severance into two semi-detached duplexes is another excellent option with seperate hydro, furnaces, and water meters. Each semi has a one-bedroom main floor unit with rear deck & a three-bedroom 2nd/3rd floor unit with front porch. This well-maintained property has stable, long-term tenants, due to the convenient location with walkable access to all the amenities. Income $105K (if fully tenanted). Parking for at least 5 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 282 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. (id:6673)

Property Details

MLS® Number X12182254
Property Type Multi-family
Community Name 4102 - Ottawa Centre
EquipmentType Water Heater
Features Carpet Free
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 8
BedroomsTotal 8
Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementDevelopment Partially Finished
BasementType N/a (partially Finished)
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 112 Ft ,4 In
SizeFrontage 35 Ft ,6 In
SizeIrregular 35.5 X 112.4 Ft
SizeTotalText 35.5 X 112.4 Ft
ZoningDescription R4t

Rooms

Level Type Dimensions
Second Level Living Room 4.78 m x 3.35 m
Second Level Kitchen 3.56 m x 2.64 m
Second Level Bedroom 2.94 m x 3.99 m
Second Level Living Room 4.81 m x 3.36 m
Second Level Bedroom 2.94 m x 4 m
Third Level Bedroom 2.95 m x 3.99 m
Third Level Bedroom 4.78 m x 3.39 m
Third Level Bedroom 2.95 m x 4.02 m
Third Level Bedroom 4.78 m x 3.37 m
Lower Level Office 4.15 m x 7.29 m
Main Level Living Room 3.75 m x 4.01 m
Main Level Kitchen 2.05 m x 4.74 m
Main Level Dining Room 1.51 m x 2.78 m
Main Level Bedroom 3.44 m x 4.39 m
Main Level Living Room 3.8 m x 3.97 m
Main Level Kitchen 3.55 m x 4.77 m
Main Level Bedroom 3.46 m x 4.36 m

https://www.realtor.ca/real-estate/28386163/486-488-lisgar-street-ottawa-4102-ottawa-centre

Interested?

Contact us for more information


Generating Captcha

Chris Coveny
Broker


Royal LePage Performance Realty
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1