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48 - 48 Bolton Street

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  • 8 Bedroom
  • 4 Bathroom
  • 3,500 - 5,000 sqft
  • Fireplace
  • Wall Unit
  • Baseboard Heaters

$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:66888)

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Details

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

Map

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