Apartment buildings for sale in Ottawa

486-488 Lisgar Street, Ottawa Centre

2 to 5 units
Listed by ROYAL LEPAGE PERFORMANCE REALTY
Updated October 8, 2026
$1,350,000
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Details from the listing

Property taxes$11,055 (2026)
Lot size3,972 sq. ft.
OccupancyTenant
HeatForced Air, Gas

From the listing

Don't miss this fantastic Investment Opportunity! All brick side-by-side 3 Storey Fourplex, located in the heart of Centretown. Well-maintainted, 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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Listings refreshed October 8, 2026 at 1:16 p.m. ET