Room 1
Level not provided
438 Lewis St
Ottawa Centre, Ottawa, Ontario K2P 0T3
Description
Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13773320
- Board
- TRREB MLS®
- Days on market
- Tax
- $7,817
- Size
- 2000-2500 sqft
- Lot
- 33.1 × 99 Feet
- Parking
- None, 3 Parking
Listing History
Buy/Sell history for 438 Lewis St, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,150,000 | N/A | For Sale | X13773320 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Ottawa Centre
- Municipality
- Ottawa
Inside
- Bedrooms
- 5
- Bathrooms
- 5
- Bathroom Detail
- 5, 3pc
- Basement Type
- Crawl Space
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 3
- Total Parking
- 3
Land
- Sewer
- Sewers
- Lot Size
- 33.1 × 99 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Stone, Concrete
- Roof
- Asphalt Rolled
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 9 on record nearby 8 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m28 test or monitoring holes also recorded.
- Groundwater recorded about 6.1 m below ground nearbyThe middle water level in the well records within 500 m (134 records). It changes with the season and from spot to spot.
- Bedrock about 5.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.0 km
Province of Ontario open data
Around the home
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 150 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Municipal transit open data · Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 7 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,272
- Down payment$230,000
- Mortgage amount$920,000
- Total interest$661,600
- Total cost$1,811,600
Cash flow analysis
$5,272
Total monthly payment
$5,923
Break-even down payment
100%
Cash flow-$5,923
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,150,000
$1,150,000
CAD
Estimated market value
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.