486-488 Lisgar Street Ottawa, Ontario K1R 5H3

8 Bedroom 4 Bathroom 3,500 - 5,000 ft2
Forced Air

$1,595,000

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. (id:53622)

Property Details

MLS® Number X12182254
Property Type Multi-family
Neigbourhood Chinatown
Community Name 4102 - Ottawa Centre
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,500 - 5,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 112 Ft ,4 In
Size Frontage 35 Ft ,6 In
Size Irregular 35.5 X 112.4 Ft
Size Total Text 35.5 X 112.4 Ft
Zoning Description R4t

Rooms

Level Type Dimensions
Second Level Living Room 4.78 m x 3.35 m
Second Level Kitchen 3.56 m x 2.64 m
Second Level Bedroom 2.94 m x 3.99 m
Second Level Living Room 4.81 m x 3.36 m
Second Level Kitchen 3.56 m x 2.64 m
Second Level Bedroom 2.94 m x 4 m
Third Level Bedroom 2.95 m x 3.99 m
Third Level Bedroom 4.78 m x 3.39 m
Third Level Bedroom 2.95 m x 4.02 m
Third Level Bedroom 4.78 m x 3.37 m
Lower Level Office 4.15 m x 7.29 m
Main Level Living Room 3.75 m x 4.01 m
Main Level Kitchen 2.05 m x 4.74 m
Main Level Dining Room 1.51 m x 2.78 m
Main Level Bedroom 3.44 m x 4.39 m
Main Level Living Room 3.8 m x 3.97 m
Main Level Kitchen 3.55 m x 4.77 m
Main Level Bedroom 3.46 m x 4.36 m

https://www.realtor.ca/real-estate/28386163/486-488-lisgar-street-ottawa-4102-ottawa-centre

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