48 - 48 Bolton Street, Ottawa
**PREMIUM FOURPLEX INVESTMENT IN OTTAWA'S EMBASSY DISTRICT!**A rare opportunity to acquire a **turnkey, income-producing FOURPLEX** in one of Ottawa's most desirable and supply-constrained rental locations. Situated on a quiet dead-end street in the heart of Lower Town, this property offers the ideal combination of **stable cash flow, strong tenant demand, rental upside, and long-term appreciation potential**.The building consists of **four spacious 2-bedroom units**, a highly desirable configuration for professional tenants, couples, government employees and long-term renters. Each suite features a full kitchen, renovated bathroom and **in-suite laundry with five appliances**, helping support strong tenant retention and marketability. Select units also offer added architectural character with **fireplaces and skylights**.From an operational standpoint, the property is well optimized with **separate hydro meters**, reducing landlord expenses and improving overall efficiency. Historically low vacancy and consistent tenant demand provide dependable income, while current rents offer **meaningful future growth potential** as units turn over. The location is exceptional - just minutes from **Global Affairs Canada, the ByWard Market, Ottawa River, downtown, transit, restaurants, shops and major employment hubs**. This is the type of central, established neighbourhood where quality multi-unit properties are increasingly difficult to acquire. Includes **3 parking spaces**.An excellent opportunity for investors seeking a **low-maintenance, long-term hold with reliable income, limited vacancy exposure, rental growth potential and strong underlying land and location value**. (id:1945)
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Property details for 48 - 48 Bolton Street, Ottawa
- Type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 4
- Lot Size
- 33.3 x 99.2 FT
- Stories
- 2.5
- Basement
- Crawl space
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Exterior
- Brick
- Annual Taxes
- $11,252 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 48 - 48 Bolton Street
Active Listings
2
Min Price
$1,095,000
Max Price
$1,249,900
Avg Price
$1,172,450
Days on Market
5
days
Sold Listings
2
Min Sold Price
$1,249,000
Max Sold Price
$1,899,000
Avg Sold Price
$1,574,000
Days until Sold
137
days
Neighbourhood Census Data
Ottawa, Ontario
Population
302
Median Age
77.2
Housing Tenure
Owners 18%
Renters 73%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 4,878.8/km²
Owners with Mortgage: 0%
English only: 19.6%
French only: 30.4%
English and French: 47.8%
Median Household Income: $69,376
Price History
Listed
September 25, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$1,249,900
Type
Multi-family
For Sale