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Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 1 of 29
Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 2 of 29
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Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 4 of 29
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Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 7 of 29
Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 8 of 29
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Fourplex for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 10 of 29
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$1,350,000

486-488 Lisgar St

Ottawa Centre, ON K1R 5H3

486-488 Lisgar St, Ottawa Centre — Listed at $1,350,000. 8 bedroom, 4 bathroom 3-Storey Fourplex. MLS® X13875382.

New this week

Possession · seller's timeline

Flexible

8Beds
4Baths
3500-5000sqft
Fourplex
3-Storey
6Parking
$11,055Taxes/yr · 2026

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Description

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

Property TypeFourplex
Style3-Storey
Community4102 - Ottawa Centre
Rooms16+1
Kitchens4
Washrooms4
Square Feet3500-5000 sqft
Lot Size3,972 sq ft
Lot Dimensions35.5 × 112.41 ft
Lot Size Area3,972 sqft (MPAC)
Fronting OnSouth
Dir/Cross StBronson Ave
Garage TypeNone
DrivePrivate
Parking Drive Spaces6
Total Parking Spaces6
ExteriorBrick
RoofFlat
FoundationStone
BasementPartially Finished
Heating TypeForced Air
Heating SourceGas
A/CNone
SewersSewer
Taxes (2026)$11,055
HSTIncluded In
Listed Date10/8/2026
Days on Market6 days
PossessionFlexible

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Listing Courtesy of: ROYAL LEPAGE PERFORMANCE REALTY

MLS® #X13875382

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 486-488 Lisgar Street

This fourplex (3-Storey) is located in the 4102 - Ottawa Centre neighbourhood of Ottawa Centre.

The home offers 8 bedrooms, 4 bathrooms.

Features include a partially finished basement, 6 parking spaces.

Additional details: lot dimensions of 35.5 × 112.41 feet.

Listed at $1,350,000 CAD with annual property taxes of $11,055 (2026).