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Home ON Ottawa - Gatineau Ottawa Centretown
486-488 LISGAR STREET
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486-488 LISGAR STREET $1,495,000
$1,495,000
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486-488 LISGAR STREET
Ottawa, Ontario K1R5H3

MLS® Number: X12427393
8
Bedrooms
4
Bathrooms
3500 - 5000
Square Feet

Listing Description

Exceptional Investment Opportunity in the heart of Centretown. This brick side-by-side 3 Storey Fourplex is well-maintained and has stable tenants, due to the convenient location with walkable access to all the amenities. Severance into two semi-detached duplexes is an excellent 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 $110K. Parking for 6 vehicles at rear of property, an exceptional asset in an urban setting (enter down lane beside 482 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. (41341822)

Location Description

Cross Streets: Bronson Ave. ** Directions: Lisgar between Lyon & Bay.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Square Footage
3500 - 5000 sqft
Community Name
4102 - Ottawa Centre
Land Size
35.5 x 112.4 FT
Annual Property Taxes
$10,613
Parking Type
No Garage
Time on REALTOR.ca
81 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
4
Interior Features
Appliances Included
Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Type
Partially finished
Building Features
Features
Carpet Free
Foundation Type
Stone
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
3500 - 5000 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Dining room
Bedroom
Living room
Kitchen
Bedroom
Second level
Living room
Kitchen
Bedroom
Living room
Kitchen
Bedroom
Third level
Bedroom
Bedroom
Bedroom
Bedroom
Lower level
Office

Land

Lot Features
Frontage
35 ft ,6 in
Land Depth
112 ft ,4 in
Other Property Information
Zoning Description
R4T
Data provided by: Ottawa Real Estate Board
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