486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3
4102 - Ottawa Centre, Ottawa Centre · Near Bronson Ave · View map
About this home
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.
The home
- Type
- Fourplex
- Style
- 3-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 16
- Basement
- Partially Finished
- Lot size
- 35.5 x 112.4 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $11,055/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Bronson Ave
- Neighbourhood
- 4102 - Ottawa Centre
More
- Price per sq ft
- ~$318 (at 4,250 sq ft)
- MLS® number
- X13875382
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The home and its surroundings
- Carpet Free
- 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.
486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3
4102 - Ottawa Centre, Ottawa Centre · Near Bronson Ave
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Listing history for 486-488 Lisgar 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 486-488 Lisgar Street
Answers come straight from this home’s MLS® listing.
How much is 486-488 Lisgar Street listed for, and what would it cost each month?
486-488 Lisgar Street is listed for $1,350,000. With 20% down ($270,000), the mortgage payment would be roughly $5,446 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,367 a month, all in. That figure is an illustration, not a quote.
Is 486-488 Lisgar Street freehold or a condo, and is there a monthly fee?
486-488 Lisgar Street is a fourplex in 4102 - 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 486-488 Lisgar Street have?
486-488 Lisgar Street has 8 bedrooms and 4 bathrooms. The listing gives the style as 3-storey.
Does 486-488 Lisgar Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 486-488 Lisgar Street have a finished basement?
The listing describes the basement as partially finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 486-488 Lisgar Street?
486-488 Lisgar Street is a fourplex. 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 486-488 Lisgar Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35.5 x 112.4 ft.
How is 486-488 Lisgar Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 486-488 Lisgar Street?
Property taxes are $11,055 a year (2026), or about $921 a month.
Where is 486-488 Lisgar Street?
486-488 Lisgar Street is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Bronson Ave. The postal code is K1R 5H3.
Is 486-488 Lisgar Street still for sale?
Yes. It is an active listing (MLS® X13875382). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 486-488 Lisgar Street asking?
Similar properties for sale nearby right now include 486-488 Lisgar Street at $1,350,000 (8 bed), 698 Cooper Street at $1,425,000 and 475 MacLaren Street at $1,696,000 (8 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 486-488 Lisgar 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 486-488 Lisgar 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 4102 - Ottawa Centre, picked by style, size and price.
Investment$1,350,000486-488 Lisgar Street, Ottawa Centre8 bed · 4 bath · 4102 - Ottawa CentreCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Multiplex$1,425,000698 Cooper Street, Ottawa Centre0 bath · 4102 - Ottawa CentreCourtesy of: COLDWELL BANKER COBURN REALTYView home →
Multiplex$1,696,000475 MacLaren Street, Ottawa Centre8 bed · 6 bath · 4103 - Ottawa CentreCourtesy of: LPT REALTYView home →Courtesy of: ROYAL LEPAGE PERFORMANCE 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.