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Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 1 of 29
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Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 3 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 4 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 5 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 6 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 7 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 8 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 9 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 10 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 11 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 12 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 13 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 14 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 15 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 16 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 17 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 18 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 19 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 20 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 21 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 22 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 23 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 24 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 25 of 29
Investment for sale at 486-488 Lisgar Street, Ottawa Centre - 8 bedroom, 4 bathroom - Photo 26 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 Investment. MLS® X14085516.

Possession · seller's timeline

Flexible

8Beds
4Baths
Apts - 2 To 5 Units
Investment
$11,055Taxes/yr · 2026
See similar properties in this price range

Description

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintained, 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 TypeInvestment
Community4102 - Ottawa Centre
Approximate Age100+
Kitchens4
Washrooms4
Lot Size3,972 sq ft
Lot Dimensions35.5 × 112.41 ft
Lot Size Area3,972 sqft (MPAC)
Dir/Cross StBronson Ave
Garage TypeNone
Heating TypeGas Forced Air Closed
Heating SourceGas
A/CNo
SewersSanitary+Storm
Taxes (2026)$11,055
HSTIncluded In
Listed Date10/16/2026
Days on Market19 days
PossessionFlexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 2 To 5 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires12/30/2026

Commercial Space & Financials

Net Operating Income$86,026

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Property Insights

Listing Courtesy of: ROYAL LEPAGE PERFORMANCE REALTY

MLS® #X14085516

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 investment is located in the 4102 - Ottawa Centre neighbourhood of Ottawa Centre.

The home offers 8 bedrooms, 4 bathrooms.

Additional details: lot dimensions of 35.5 × 112.41 feet.

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

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