5 days on Market

486-488 Lisgar St, Ottawa, Ontario K1R 5H3

Townhouse
8
4
~3500-5000 sqft
$1,595,000
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Townhouse
8
4
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$387/sqft

Est. Mortgage$6,850/mo

Tax Amount (2025)$10,613/yr

Days On Market5 days


Description

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 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 $105K (if fully tenanted). Parking for at least 5 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.


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size3,990 SqFt(112.41 x 35.5)
Parking Spaces5
MLS ®NumberX12182254
Community NameCity of Ottawa
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Basement: Part Fin

Main Floor

Living

3.75 x 4.01

Kitchen

2.05 x 4.74

Dining

1.51 x 2.78

Br

3.44 x 4.39


Features

Lot size: 3,990 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 29, 2025
ListedActive
$1,595,000
5 days on market
history photo preview29
Listing by trreb®
Property listed by ROYAL LEPAGE PERFORMANCE REALTY, Brokerage

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Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

22 days

2023

16 days

2022

9 days

New Listings

Past 30 days

626 listings

Compared to

2024

679 listings

2023

601 listings

2022

718 listings

Units sold

Past 30 days

368 units

Compared to

2024

416 units

2023

452 units

2022

462 units

Median Sold Price

Past 30 days

$625,000

Compared to

2024

$600,000

2023

$583,250

2022

$615,000


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget