For Sale - 6610 FOURTH LINE Road, Manotick - Kars - Rideau Twp and Area, Ontario

Est payment $14,821/mo
Views   1
Time on Jump  91 day
  • Investment opportunity with eight updated rental units and large single-family home.
  • Massive lot with plenty of parking, enhancing tenant convenience.
  • No water bills and low operating costs improve cash flow.
  • Renovated units featuring bright, modern interiors attract quality tenants.
  • Located in a desirable area with potential for future development.



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!
Listing IDX12178911
Address6610 FOURTH LINE Road
CityManotick - Kars - Rideau Twp and Area, O…
Price$2,990,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
ASAP

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Listing Agency:  EXP REALTY
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6610 Fourth Line Road
Manotick - Kars - Rideau Twp and Area , Ontario
$2,990,000
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