48 Bolton Street
Lower Town - Sandy Hill, ON
- 8 bed
- 4 bath
- approx. 3500-5000 sqft
- Fourplex
**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**.
Listing Details
- Taxes (2025)
- $11,252
- Originally Listed
- $1,249,900
- Listed
- September 24, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Stone
- Interior
- Carpet Free
- Lot Size
- 33.28 x 99.19 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Sussex Dr and Bolton street
- Parcel Number
- 157250170
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- 4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Washers, 4 Dryers
- Rental Items
- Hot water tanks
Schools
Elementary
- École élémentaire publique De la Salle1.1 km
French public · CÉP de l'Est de l'Ontario · 385 students
- York Street Public School1.2 km
Public · Ottawa-Carleton DSB · 275 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard
- École élémentaire catholique Sainte-Anne1.3 km
French Catholic · CSDC du Centre-Est de l'Ontario · 305 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard
Secondary
- École secondaire publique De La Salle1.1 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Lisgar Collegiate Institute1.5 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- Urban Aboriginal Alternate High School1.9 km
Public · Ottawa-Carleton DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $470,000
- Homes sold
- 211
- Median days on market
- 35
- Sale-to-list price
- 96.9%
Based on 211 recorded sales of residential freehold properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
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Location
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Mortgage Calculator
$239,800
Estimated Monthly Payment
$5,890
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $5,890/mo (20% down, 5.5%)
Taxes: $938/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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 …. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?