Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

486-488 Lisgar Street Ottawa, Ontario K1R 5H3

8 Bedroom 4 Bathroom 3,918 sqft
None Forced Air

$1,350,000

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. (id:67947)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X14085516
Property Type Multi-family
Neigbourhood Chinatown
Community Name 4102 - Ottawa Centre
Amenities Near By Public Transit, Recreation
Equipment Type Water Heater
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 8
Age 100+ Years
Appliances Dryer, Hood Fan, Washer
Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 3918 Sqft
Size Interior 3,918 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Size Depth 112 Ft ,4 In
Size Frontage 35 Ft ,6 In
Size Irregular Bldg=35.5 X 112.41 Ft
Size Total Text Bldg=35.5 X 112.41 Ft
Zoning Description R4t

https://www.realtor.ca/real-estate/30409966/486-488-lisgar-street-ottawa-4102-ottawa-centre

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Chris Coveny, Royal LePage Performance Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.