48 Bolton Street, Lower Town - Sandy Hill, ON K1N 1K7
4001 - Lower Town/Byward Market, Lower Town - Sandy Hill · Near Sussex Dr and Bolton street · View map
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**.
The home
- Type
- Fourplex
- Style
- 2 1/2 Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 21
- Basement
- Crawl Space
- Lot size
- 33.3 x 99.2 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Wall Unit(s)
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $11,252/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- Sussex Dr and Bolton street
- Neighbourhood
- 4001 - Lower Town/Byward Market
More
- Price per sq ft
- ~$282 (at 4,250 sq ft)
- MLS® number
- X13826664
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The home and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
48 Bolton Street, Lower Town - Sandy Hill, ON K1N 1K7
4001 - Lower Town/Byward Market, Lower Town - Sandy Hill · Near Sussex Dr and Bolton street
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Listing history for 48 Bolton Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 48 Bolton Street
Answers come straight from this home’s MLS® listing.
How much is 48 Bolton Street listed for, and what would it cost each month?
48 Bolton Street is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,774 a month, all in. That figure is an illustration, not a quote.
Is 48 Bolton Street freehold or a condo, and is there a monthly fee?
48 Bolton Street is a fourplex in 4001 - Lower Town/Byward Market, Lower Town - Sandy Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 48 Bolton Street have?
48 Bolton Street has 8 bedrooms and 4 bathrooms. The listing gives the style as 2 1/2 storey.
Does 48 Bolton Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 48 Bolton Street have a finished basement?
The listing describes the basement as crawl space.
What style of home is 48 Bolton Street?
48 Bolton Street is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 48 Bolton Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33.3 x 99.2 ft.
How is 48 Bolton Street heated and cooled?
Heating is baseboard (electric). Cooling is wall unit(s).
What are the property taxes for 48 Bolton Street?
Property taxes are $11,252 a year (2025), or about $938 a month.
Where is 48 Bolton Street?
48 Bolton Street is in the 4001 - Lower Town/Byward Market community of Lower Town - Sandy Hill. The nearest main intersection is Sussex Dr and Bolton street. The postal code is K1N 1K7.
Is 48 Bolton Street still for sale?
Yes. It is an active listing (MLS® X13826664). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 48 Bolton Street asking?
Similar properties for sale nearby right now include 52 St Andrew Street at $1,329,000 (6 bed), 158 St Andrew Street at $979,000 (6 bed) and 389 Daly Avenue at $1,125,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 48 Bolton Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 48 Bolton Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4001 - Lower Town/Byward Market, picked by style, size and price.
Fourplex$1,329,00052 St Andrew Street, Lower Town - Sandy Hill6 bed · 4 bath · 4001 - Lower Town/Byward MarketCourtesy of: EXP REALTYView home →
Triplex$979,000158 St Andrew Street, Lower Town - Sandy Hill6 bed · 3 bath · 4001 - Lower Town/Byward MarketCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Triplex$1,125,000389 Daly Avenue, Lower Town - Sandy Hill5 bed · 3 bath · 4003 - Sandy HillCourtesy of: SLEEPWELL REALTY GROUP LTDView home →Courtesy of: ROYAL LEPAGE INTEGRITY REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.