About 486-488 Lisgar Street
Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex is well-maintained and has stable, long-term tenants, due to the convenient location with walkable access to all the amenities. Severance into two semi-detached duplexes is an excellent 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 $111K. Parking for 6 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 482 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.
Features of 486-488 Lisgar Street
| MLS® # | X12427393 |
|---|---|
| Price | $1,495,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3500-5000 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | 3-Storey |
| Status | Active |
Community Information
| Address | 486-488 Lisgar Street |
|---|---|
| Area | Ottawa |
| Subdivision | 4102 - Ottawa Centre |
| City | Ottawa Centre |
| Province | ON |
| Postal Code | K1R 5H3 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | None |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Partially Finished |
| Kitchens | 4 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROYAL LEPAGE PERFORMANCE REALTY |
|---|