Listed for:Listed 26 days ago
$1,249,900

Unit 48, 48 Bolton Street

Ottawa (Lower Town/Byward Market), ON K1N 1K7

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 48, 48 Bolton Street, Ottawa, Lower Town/Byward Market

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 48, 48 Bolton Street, Ottawa, Lower Town/Byward Market

Summarized Description

  • Turnkey fourplex in Ottawa's Embassy District.
  • Income-producing with strong tenant demand.
  • Each unit has renovated bathroom and in-suite laundry.
  • Features fireplaces and skylights in select units.
  • Optimized with separate hydro meters for efficiency.
  • Stable cash flow and low vacancy rates.
  • Close to Global Affairs Canada and ByWard Market.
  • Includes 3 parking spaces for convenience.

**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**.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$11,252
Land Transfer Tax Fee
$21,473

Rental Items

Rental Equipment
Hot water tanks
Under Contract
Hot Water Heater

Basement Type
Crawl Space

Interior Features

Laundry Level
Main Level
Interior Extras
Carpet Free
Fireplace/Stove
Yes
Fireplace Features
Wood, Living Room
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick, Other
Roof
Asphalt Shingle
Foundation Details
Concrete, Stone
Special Designation
Unknown

Lot

Lot Front
33.28 ft
Lot Depth
99.19 ft

Exclusions

Exclusions
4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Washers, 4 Dryers

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
No
Hydro
Available
Cable
Available

Bedrooms
8
Washrooms
4
Kitchens
4
Family / bonus room
Yes

Washrooms

  • 3-piece

Municipality
Ottawa
Neighbourhood
Lower Town/Byward Market
Main cross streets
Sussex Dr and Bolton street
Directions
Dalhousie St & Bolton St

MLS® number
X13826664
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-24
Updated on
2026-10-05
Days on market
26 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE INTEGRITY REALTY

Home Market Value

Current home valuation for Unit 48, 48 Bolton Street, Ottawa, Lower Town/Byward Market, Ottawa, ON. Listed for $1,249,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Unit 48, 48 Bolton Street, Ottawa, Lower Town/Byward Market

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $749,900 over $500K

Minimum down payment

$99,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$45,996$34,872$29,748$0
=Total mortgage
$1,195,904$1,159,782$1,092,163$999,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,839monthly$5,663monthly$5,332monthly$4,882monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$21,473

Total Land Transfer Tax

$21,473

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