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Investment signal

$1,280,000

48 BOLTON STREET

Save this home

Beds

8

Baths

4

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

PREMIUM INVESTMENT OPPORTUNITY IN THE EMBASSY DISTRICT! Located on a peaceful dead-end street in the heart of Lower Town, this turnkey FOURPLEX is a rare "blue-chip" asset in a highly resilient rental market. Just steps from the Ottawa River, Byward Market, Global Affairs, and the NRC, it attracts a premium, professional tenant profile. The building features four spacious 2-BEDROOM suites, offering excellent long-term tenant retention. Each unit includes renovated bathrooms, full kitchens, and highly desirable IN-SUITE LAUNDRY (5 appliances per unit). Select units boast architectural charm with classic fireplaces and skylights. FINANCIALLY OPTIMIZED: The property features SEPARATE HYDRO METERS, significantly reducing landlord overhead. Enjoy a near-zero historical vacancy rate, steady income, and substantial room for rental growth in this supply-constrained neighborhood. Includes 3 parking spaces. A true buy-and-hold gem offering both stability and long-term capital appreciation! (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
4001 - Lower Town/Byward Market
Lot dimensions
33 x 99 FT
Bedrooms
8 above grade
Parking
3 total
Stories
2.5
Fireplace
1
On market
Apr 21, 2026
Status changed
Apr 24, 2026
Annual tax
$11,252 (2025)
Photos
31
MLS#
X13022756
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Cooling

Wall unit

Exterior

BrickHardboard

Foundation

ConcreteBrick

Utilities

SewerElectricity
Negative cash flow ~$1,375/mo at these assumptions

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,847

Financing

Down payment$256,000
Loan amount$1,024,000
Mortgage$5,188/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$587
Insurance$80
Maintenance$1,067
CapEx reserve$533
Vacancy loss$320

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,188/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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