48 - 48 BOLTON STREET
Ottawa, Ontario
MLS® X13826664
$1,249,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13826664
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 22Listing description
**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 summary
- MLS® number
- X13826664
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 33.3 x 99.2 FT
- Annual property taxes
- $11,252.00
- Parking
- 3 spaces · No Garage
- Days on market
- 4 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Crawl space
- Exterior features
- Brick
- Lot features
- Flat site, Carpet Free
What would this home cost you?
Based on the $1,249,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.