Gurvinder Nokwal REALTOR®
For Sale Fourplex 10 days on market

$1,350,000

Est. payment $5,978/moCalculate yours

486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3

4102 - Ottawa Centre, Ottawa Centre, ON K1R 5H3

  • 8 Beds
  • 4 Baths
  • 3,500 Sq Ft

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY MLS® X13875382

About this home

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

Overview

Property Type
Fourplex
Style
3-Storey
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
8
Bathrooms
4
Kitchens
4
Basement
Partially Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick
Foundation
Stone
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
35.5 x 112.41 Feet
Parking
None garage · 6 total
Zoning
R4T

Financial

Property Taxes
$11,055 (2026)

Location

Neighbourhood
4102 - Ottawa Centre
Cross Street
Bronson Ave
Direction Faces
South

Listing

MLS® Number
X13875382
Days on Market
10
Listed On
2026-10-08
Possession
Flexible
Listed By
ROYAL LEPAGE PERFORMANCE REALTY

Features

Interior

  • Carpet Free

Pool

  • None
Included
Fridge x 4, Stove x 4, washer x 2, dryer x 2, hood fan x 2
Excluded
Tenant's possessions
Rental items
2 hot water heaters

Mortgage calculator

Minimum for this price: $110,000 (8.15%)

Amortization, years

Estimated mortgage payment

$5,978 per month

Principal and interest
$5,978
Property tax
$921
Estimated monthly cost
$6,899

Your mortgage

Mortgage amount
$1,080,000
Mortgage insurance
Not needed
Interest over 25 years
$713,252

Cash to close

Down payment
$270,000
Land transfer tax
$23,475
Total, before legal fees
$293,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3 4102 - Ottawa Centre, Ottawa Centre, ON K1R 5H3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,350,000 486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3
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