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

486-488 Lisgar Street Ottawa, Ontario K1R 5H3

8 Bedroom 4 Bathroom 3,500 - 5,000 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)

Property Details

MLS® Number X13875382
Property Type Multi-family
Neigbourhood Chinatown
Community Name 4102 - Ottawa Centre
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 6
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)
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
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

https://www.realtor.ca/real-estate/30379545/486-488-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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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

Before committing, ask about fees, early repayment charges, closing dates and lender conditions, and request your options and costs in writing. More contacts are in the Sigounis Properties Resource Directory.

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.