ON > Ottawa Centre > 4102 - Ottawa Centre
Ottawa Centre, ON K1R 5H3,486-488 Lisgar ST
Ottawa Centre, ON K1R 5H3,486-488 Lisgar ST
Ottawa Centre, ON K1R 5H3,486-488 Lisgar ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,595,000
Est. payment /mo
8 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12182254

Style 3-Storey

Bedrooms 8

Annual Tax Amount $10,613

Tax Year 2025

Property Sub-Type Fourplex

Lot Depth 112.41

Lot Front 35.5

Appx SqFt 3500-5000

Property Description

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 full basement, laundry & 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 $109K (if fully tenanted). 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.

Location

Province ON

County Ottawa

Community 4102 - Ottawa Centre

Area Ottawa

Zoning R4T

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features Carpet Free

Cooling None

Inclusions Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2

Exterior

Parking Features Private

Pool None

Roof Type Flat

Lot Frontage 35.5

Lot Depth 112.41

Total Parking Spaces 5

Building

Foundation Stone

Others

Senior Community No

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Listed by ROYAL LEPAGE PERFORMANCE REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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