For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Ottawa Centre

486-488 Lisgar Street

Fourplex

MLS® #X13875382

Listed for$1,350,0001 day on market

8 bed 4 bath 6 parking 3500-5000 sq ft~$318/sq ft

New this week
Transit stop ~235.1 km

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Est. all-in monthly~$7,203/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~235.13 km

Property information

What house buyers ask first

Lot size: 35.5 × 112.41 ft
Square footage: 3500-5000 sq ft
Property tax: $11,055 / yr
Parking: 6 spaces · None
Basement: Partially Finished

Property summary

Property type: Fourplex
Style: 3-Storey
Lot size: 35.5 × 112.41 ft
Parking: 6 spaces · None
Heating: Forced Air
Air conditioning: None
Basement: Partially Finished
Kitchens: 4
Exterior: Brick
Property tax: $11,055 / yr
MLS®: X13875382

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$549,000

Below recent sales

135 Upper Lorne Place

2 bed · 2 bath·1100-1500 sq ft·3 parking

Ottawa

Listed 4 days ago · Royal LePage Team Realty

Condo Apartment

$374,900

In line with recent sales

18 Nepean Street, Unit PH1

1 bed · 1 bath·900-999 sq ft·1 parking·$1,251/mo fee

Ottawa

Listed 4 days ago · Royal LePage Integrity Realty

Listing states: renovated

Condo Apartment

$299,900

In line with recent sales

203 Catherine Street W, Unit 710

1 bed · 1 bath·600-699 sq ft·1 parking·$624/mo fee

Ottawa

Listed 3 days ago · RE/MAX Hallmark Realty Group

Condo Apartment

$300,000

Above recent sales

224 Lyon Street N

1 bed · 1 bath·500-599 sq ft·$407/mo fee

Ottawa

Listed 1 day ago · RE/MAX Prime Properties

Condo Apartment

$449,900

Above recent sales

429 SOMERSET Street W, Unit 712

2 bed · 2 bath·900-999 sq ft·$562/mo fee

Ottawa

Listed 3 days ago · Royal LePage Performance Realty

Condo Apartment

$474,000

Above recent sales

354 Gladstone Avenue, Unit 205

1 bed · 2 bath·800-899 sq ft·1 parking·$874/mo fee

Ottawa

Listed 3 days ago · Engel & Volkers Ottawa

The numbers that matter

Property tax: $11,055/yr
Est. all-in: ~$7,203/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~235.1 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$622KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr -3% · 3-yr +1%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by ROYAL LEPAGE PERFORMANCE REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.