**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**. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Equipment: Water Heater
- Features: Flat site, Carpet Free
- Parking Spaces: 3
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Amenities: Fireplace(s)
- BasementType: Crawl space
- Bedrooms Main Level: 8
- Cooling: Wall unit
- Exterior Finish: Brick
- Fireplace Present: True
- Fireplace Total: 2
- Foundation: Concrete, Stone
- Bathrooms (Total): 4
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 3500 - 5000 sqft
- Stories Total: 2.5
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 33 ft ,3 in
- Size Irregular: 33.3 x 99.2 FT
Listing provided by ROYAL LEPAGE INTEGRITY REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 48 - 48 BOLTON STREET in Ottawa Ontario. It was last modified on September 24th, 2026. Contact the Nancy Wright Team to schedule a viewing or to discover other Ottawa homes for sale.