Ottawa, ON · · MLS® X14085516Updated
$1,350,000
486-488 Lisgar St is an 8-bedroom, 4-bathroom investment in Ottawa, listed for $1,350,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
8 bedrooms, 4 bathrooms. Chat with Zara if you'd like a deeper read on whether this investment fits your budget and timing.
Every detail from the listing, in one place.
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Ottawa market reportTransit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
From 486-488 Lisgar St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 486-488 Lisgar St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Ask about 486-488 Lisgar St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTY, BrokerageMLS® X14085516 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Ottawa
Every active Ottawa MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 139 sales from Jul 18 – Oct 16, 2026 (106 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
Loading schools, parks, groceries and more nearby…
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
486-488 Lisgar St is listed at $1,350,000 (MLS® X14085516). Summitly updates the price as soon as the MLS® record changes.
No — 486-488 Lisgar St is still listed at its original asking price of $1,350,000.
486-488 Lisgar St has 8 bedrooms and 4 bathrooms. It is a commercial property in Ottawa.
The nearest rapid-transit station is Parliament Station (O-Train Line 1), about 520 m (about a 6-minute walk) in a straight line. Lyon Station is about 610 m (about a 8-minute walk), and Rideau Station is about 1.2 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $1,350,000 is about 205% above the median sold price in Ottawa over the last 90 days, $442,000, across 139 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 486-488 Lisgar St on record from the last two years. Older records aren't shown under TRREB rules.
486-488 Lisgar St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
486-488 Lisgar St was listed today (October 16, 2026).
About $23,475 in Ontario land transfer tax at the asking price of $1,350,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 486-488 Lisgar St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Ottawa.
The listing for 486-488 Lisgar St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
