Salehian.com 647-325-5000

48 Bolton Street

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

$1,199,000

Reduced $50,900 from $1,249,900

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  • 8 bedrooms
  • 4 bathrooms
  • 3 parking
  • 3500-5000 sq ft

Listed 26 days ago · MLS® X13826664

About this home

**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**.

Details

Type
Fourplex
Style
2 1/2 Storey
Size
3500-5000 sq ft
Lot
33.28 × 99.19 ft
Basement
Crawl Space
Garage
None
Kitchens
4
Property tax
$11,252 (2025)
Neighbourhood
4001 - Lower Town/Byward Market
Municipality
Lower Town - Sandy Hill

Interior

Bedrooms
8 above ground
Bathrooms
4 × 3-piece
Rooms
21 above ground
Family room or den
Yes
Fireplace
Wood, Living Room
Features
Carpet Free

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete, Stone
Faces
South

Parking

Total parking
3

Lot

Size
33.28 × 99.19 ft

More

Possession
flexible
Cross street
Sussex Dr and Bolton street

Price history

DatePriceChange
Oct 5, 2026$1,249,900Listed
Oct 20, 2026$1,199,000−$50,900

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Rideau LRT14 min walk
  • 🚇 Parliament LRT1.3 km

Within a 10-minute walk: 2 grocery stores, 120 cafés and restaurants, 11 parks, 4 pharmacies. Nearest grocery: Baskin-Robbins (750 m). Nearest park: Bingham Park (200 m).

Schools nearby

Elementary

  • York Street Public School
    EQAO: Gr 6 reading 65%, math 20%    1.2 km
  • École élémentaire catholique Sainte-Anne Catholic · French
    EQAO: Gr 6 reading 100%, math 81%    1.3 km
  • École Notre-Dame du Mont Carmel French · Private1.3 km
  • École élémentaire publique Francojeunesse French
    EQAO: Gr 6 reading 96%, math 80%    1.7 km

Secondary

  • École secondaire publique De la Salle French18 min walk
  • MacDonald-Cartier Academy Private1.5 km
  • Lisgar Collegiate Institute
    EQAO: Gr 9 math 73%, literacy test 91%    1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1N

Owners / renters
24% / 76%
Median household income
$64,000
Average age
40
Children under 15
9%
Homes
4% detached, 49% high-rise
Commute by transit
23%
Population
26,639

Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 1 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway300 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE INTEGRITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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