438 Lewis Street, Ottawa Centre, ON K2P 0T3
4103 - Ottawa Centre, Ottawa Centre · Near Lewis St & O'Connor · View map
About this home
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Bathrooms
- 5
- Kitchens
- 5
- Rooms
- 9
- Basement
- Crawl Space
- Lot size
- 33.1 x 99 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Lane
Taxes & other
- Property taxes
- $7,817/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Lewis St & O'Connor
- Neighbourhood
- 4103 - Ottawa Centre
More
- Price per sq ft
- ~$511 (at 2,250 sq ft)
- MLS® number
- X13773320
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
438 Lewis Street, Ottawa Centre, ON K2P 0T3
4103 - Ottawa Centre, Ottawa Centre · Near Lewis St & O'Connor
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Listing history for 438 Lewis Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 438 Lewis Street
Answers come straight from this home’s MLS® listing.
How much is 438 Lewis Street listed for, and what would it cost each month?
438 Lewis Street is listed for $1,150,000. With 20% down ($230,000), the mortgage payment would be roughly $4,639 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,290 a month, all in. That figure is an illustration, not a quote.
Is 438 Lewis Street freehold or a condo, and is there a monthly fee?
438 Lewis Street is a multiplex in 4103 - Ottawa Centre, Ottawa Centre. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 438 Lewis Street have?
438 Lewis Street has 5 bedrooms and 5 bathrooms. The listing gives the style as 2-storey.
Does 438 Lewis Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 438 Lewis Street have a finished basement?
The listing describes the basement as crawl space.
What style of home is 438 Lewis Street?
438 Lewis Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 438 Lewis Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33.1 x 99 ft.
How is 438 Lewis Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 438 Lewis Street?
Property taxes are $7,817 a year (2026), or about $651 a month.
Where is 438 Lewis Street?
438 Lewis Street is in the 4103 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Lewis St & O'Connor. The postal code is K2P 0T3.
Is 438 Lewis Street still for sale?
Yes. It is an active listing (MLS® X13773320). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 438 Lewis Street asking?
Similar properties for sale nearby right now include 438 Lewis Street at $1,150,000 (5 bed), 12 Lewis Street at $949,000 (3 bed) and 491 Mcleod Street at $1,099,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 438 Lewis Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 438 Lewis Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4103 - Ottawa Centre, picked by style, size and price.
Investment$1,150,000438 Lewis Street, Ottawa Centre5 bed · 5 bath · 4103 - Ottawa CentreCourtesy of: SUTTON GROUP - OTTAWA REALTYView home →
Duplex$949,00012 Lewis Street, Ottawa Centre3 bed · 3 bath · 4104 - Ottawa Centre/Golden TriangleCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Triplex$1,099,000491 Mcleod Street, Ottawa Centre5 bed · 3 bath · 4103 - Ottawa CentreCourtesy of: ENGEL & VOLKERS OTTAWAView home →Courtesy of: SUTTON GROUP - OTTAWA REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.