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For sale · MLS® X13875382

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

Ottawa Centre, ON K1R 5H3

$1,350,000Property tax (2026): $11,055 / year
29 Days on MLS8 Bedrooms4 BathroomsFourplex3500-5000 Size35.50 ft × 112.41 ft Lot dimensions3,972 sq ft Lot sizeVirtual tour ↗
Quick cost estimateKnown monthly subtotal$7,202.58 / monthLand transfer tax $23,475One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$7,202.58 / month

Known monthly subtotal

Mortgage principal & interest
$6,281.33
Property tax / month
$921.25
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$23,475

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$23,475
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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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.

Home details

Days on market
Not reported
Property type
Fourplex
MLS® number
X13875382
Source status
New
Bedrooms
8
Bathrooms
4
Postal code
K1R 5H3
Kitchens
4
Kitchens above grade
4
Family room / den
No
Interior size (reported range)
3500-5000
Lot size
3,972 sq ft
Lot depth
112.41 ft
Garage parking spaces
Not reported
Total parking spaces
6
Occupancy
Tenant
Possession type
Flexible
Garage
None
Annual property tax
11055
Basement
Partially Finished
Interior features
Carpet Free
Architectural style
3-Storey
Parking features
Private
Pool features
None
Fireplace
No
Waterfront
No
Garage available
No
Heating system
Forced Air
Heating fuel
Gas
Cooling
None
Sewer
Sewer
Direction facing
South
Construction materials
Brick
Roof
Flat
Foundation
Stone
MLS entry age (not confirmed DOM)
29 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer
Sewer
Heating system
Forced Air
Heating fuel
Gas
Cooling
None

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
8
Rooms above grade
16
Rooms below grade
1
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$1,350,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3, Ottawa Centre

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
Ottawa
Municipality
Ottawa Centre
MLS® community
4102 - Ottawa Centre

A confirmed map location is not available for this home yet.

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PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.

Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby schools

No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Ottawa Centre

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

486-488 Lisgar Street, Ottawa Centre, ON K1R 5H3, Ottawa Centre is listed for sale as a Fourplex. The listing reports 8 bedrooms, 4 bathrooms, reported interior area of 3500-5000 (units not reported), kitchens reported as 4, parking spaces reported as 6, lot size reported as 3,972 sq ft. Asking price: $1,350,000. Occupancy is reported as Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13875382.

Local context

Explore the area: Ottawa Centre · 4102 - Ottawa Centre.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13875382. Information deemed reliable but not guaranteed.

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