486-488 Lisgar Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Premium 35.5 x 112.41 ft lot size
- equipped with no central cooling and highly efficient gas forced air closed heating via gas
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.
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Property Summary
This investment located at 486-488 Lisgar Street, Ottawa Centre is currently for sale and has been available for 21 days. This property is listed at $1,350,000 with an estimated mortgage of $4,494* per month. It has 8 beds, 4 bathrooms, and is unknown square feet. 486-488 Lisgar Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Ottawa Centre, Ottawa Centre.
- •8 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •Desirable Investment architecture in Ottawa Centre, Ottawa Centre
Growing families needing multi-bedroom flexibility and space in Ottawa Centre, Ottawa Centre.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
- Public Transit
- Recreation/Community Centre
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Ottawa Centre?
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 8-bedroom investment at 486-488 Lisgar Street, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Ottawa Centre Buyer Budget & Costs
Estimated mortgage: $4,494*/month*. Estimated Ontario Land Transfer Tax: $23,475. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Ottawa Centre
Frequently Asked Questions about 486-488 Lisgar Street, Ottawa Centre, ON
Q.What is the asking price for 486-488 Lisgar Street, Ottawa Centre, ON ?
The current listing price for 486-488 Lisgar Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $1,350,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 4 bathrooms.
Q.What property type and architectural style is 486-488 Lisgar Street, Ottawa Centre, ON ?
486-488 Lisgar Street, Ottawa Centre, ON is a Investment () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit, Recreation/Community Centre.
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $1,350,000 in Ottawa Centre, the legal minimum down payment is $270,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,475 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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