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48 Bolton Street

4001 - Lower Town/Byward Market / Lower Town - Sandy Hill, ON K1N 1K7

ActiveFor Sale
8 Beds
4 Baths
3,500 Sq Ft
Multi-Family

About This Property

**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**.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size3,500 sq ft
Bedrooms8
Bathrooms4
Taxes (2025)$11,252
Postal CodeK1N 1K7
Last UpdatedOct 28, 2026 · 1:24 p.m.

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Features & Amenities

  • Fireplace
  • Air Conditioning

Buying or selling in Lower Town - Sandy Hill?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13826664

Listed by ROYAL LEPAGE INTEGRITY REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,199,000

asking price

MLS®X13826664
TypeMulti-Family
CityLower Town - Sandy Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,855

/month · $959,200 mortgage

Down Payment20% — $239,800
Interest Rate5.5%

Amortization

Total Interest

$797,263

Total Cost

$1,756,463

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE INTEGRITY REALTY