Mirna Botros
613-600-26266610 Fourth Line Road - $3,400,000
6610 Fourth Line Road - $3,400,000
6610 Fourth Line Road
$3,400,000
8009 - North Gower
Ottawa, OntarioK0A2T0
0 beds
0 baths
10 parking
MLS#: X12178911Listed: 2 months agoUpdated:4 days ago
Description
This is a rare investment opportunity featuring eight spacious and beautifully updated residential rental units, including a large single-family home attached to the main building. Situated on a massive lot with ample parking, this property offers exceptional cash flow with low operating costs thanks to no water bills (on well water), low property taxes, a brand new commercial-grade septic system, and separately metered, upgraded electrical throughout. Heating is fully electric and efficiently serviced by brand new heat pumps, with a backup gas furnace available for added security. Seven of the eight units have been renovated three in approximately 2021 and four in 2025 featuring bright, modern, and spacious interiors. The large main home offers tremendous upside with the potential to increase rents following tenant turnover. Located on one of the most desirable streets in the area, this property has incredible future development potential. With several long-term tenants in place, theres significant room for rent growth making this a prime candidate for a high-value refinance as leases turn over.The upside is real and its not priced in! (id:58075)Details
Details for 6610 Fourth Line Road, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Multi Family
- Storeys
- -
- Neighborhood
- 8009 - North Gower
- Land Size
- 0.49
- Year Built
- -
- Annual Property Taxes
- $13,982
- Parking Type
- -
Inside
- Appliances
- Washer, Dryer
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- 417W to 416S exit towards 401, take exit 49 for Ottawa regional road, turn right on Roger Stevens Drive, Turn right on Fourth Line Road
- Type of Dwelling
- multi_family
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- 0.49
- Zoning
- -
- Zoning Description
- Commercial
Parking
- Features
- -
- Total Parking
- 10
Utilities
- Cooling
- Fully air conditioned
- Heating
- Natural gas, Other
- Water
- Drilled Well
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 6610 Fourth Line Road, Ottawa, OntarioMap
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