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486-488 Lisgar Street

4102 - Ottawa Centre / Ottawa Centre, ON K1R 5H3

ActiveFor Sale
8 Beds
4 Baths
3,500 Sq Ft
3,972 Lot Sq Ft
Multi-Family
Virtual Tour Available

About This Property

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

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size3,500 sq ft
Lot Size3,972 sq ft
Bedrooms8
Bathrooms4
Taxes (2026)$11,055
Postal CodeK1R 5H3
Last UpdatedOct 8, 2026 · 10:19 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

Buying or selling in Ottawa Centre?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13875382

Listed by ROYAL LEPAGE PERFORMANCE REALTY

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,350,000

asking price

MLS®X13875382
TypeMulti-Family
CityOttawa Centre
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$6,592

/month · $1,080,000 mortgage

Down Payment20% — $270,000
Interest Rate5.5%

Amortization

Total Interest

$897,668

Total Cost

$1,977,668

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE PERFORMANCE REALTY