486-488 Lisgar Street

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$1,350,000

486-488 Lisgar Street

Ottawa Centre, Ottawa · MLS® X14085516

846

3,918 sq ft · House · Multi-family · 8 days on market

listed by Chris Coveny, ROYAL LEPAGE PERFORMANCE REALTY

realtor's description

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, 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.

property details

type: House, Multi-family
bedrooms: 8
bathrooms: 4
living area: 3,918 sq ft
parking: 6
property tax: $11,055 / yr
days on market: 8
MLS®: X14085516

features

Washer
Dryer
Hood Fan

monthly cost

$6,803/mo

Mortgage $5,882 · Tax $921

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,882/ monthly

loan $1,080,000

25-year amortization

down payment20% · $270,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $684,546
cash to close: $270,000; down payment; transfer tax and fees not included
total paid: $1,764,546

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.