486-488 Lisgar Street, Ottawa Centre, ON Image 1

$1,595,000

Fourplex For Sale
MLS - #X12182254
1 day ago- By ROYAL LEPAGE PERFORMANCE REALTY

486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3

8 Bed
4 Bath
3500-5000 Sqft.
None Garage

Property Description

Property type

Fourplex

Lot size

N/A

Style

3-Storey

Approx. Area

3500-5000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room3.75 x 4.01 mN/AMain
Kitchen2.05 x 4.74 mN/AMain
Dining Room1.51 x 2.78 mN/AMain
Bedroom3.44 x 4.39 mN/AMain

About 486-488 Lisgar Street

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 $108K (if fully tenanted). Parking for 6 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 282 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.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Partially Finished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Partially Finished
Cooling:None
Heating:Forced Air
Parking Features:Private
0
Similar Homes Found
$0
Average Price
159500000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 486-488 Lisgar Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$6091.82/ month

Some information about this property - Lisgar Street

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