48 - 48 Bolton Street Ottawa, Ontario K1N 1K7

$1,249,900

**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:43934)

Property Details

MLS® Number	X13826664
Property Type	Multi-family
Neigbourhood	Byward Market - Parliament Hill
Community Name	4001 - Lower Town/Byward Market
Equipment Type	Water Heater
Features	Flat Site, Carpet Free
Parking Space Total	3
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	8
Bedrooms Total	8
Amenities	Fireplace(s)
Basement Type	Crawl Space
Cooling Type	Wall Unit
Exterior Finish	Brick
Fireplace Present	Yes
Fireplace Total	2
Foundation Type	Concrete, Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	3,500 - 5,000 Sqft
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	99 Ft ,2 In
Size Frontage	33 Ft ,3 In
Size Irregular	33.3 X 99.2 Ft
Size Total Text	33.3 X 99.2 Ft

Utilities

Cable	Available
Electricity	Available
Sewer	Available

https://www.realtor.ca/real-estate/30326093/48-48-bolton-street-ottawa-4001-lower-townbyward-market