For Sale

6610 FOURTH LINE Road, Manotick - Kars - Rideau Twp and Area, Ontario K0A 2T0

$0

6610 FOURTH LINE Road, Manotick - Kars - Rideau Twp and Area, Ontario K0A 2T0 is For Sale and has a listing price of 2,990,000. The property is located in the Manotick - Kars - Rideau Twp and Area . It's been on the website for 134 Days.

  • Investment
    Property Type
  • MLS ID: X12178911
  • Office Name EXP REALTY
Property 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!

Property Details
  • MLS ID: X12178911
  • Price: $2,990,000
  • Lot Depth: 122.17
  • Transaction Types: For Sale
  • Ref ID: X12178911
  • Year Built: N/A
  • Dir / Cross St: 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
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/11/2025 X12397240 $2,050 Rented 09/27/2025 $2,000
05/28/2025 X12178911 $3,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Manotick - Kars - Rideau Twp and Area
  • $1,359,231 Average List Price
    based on 1 year
  • 90 New Listings
    based on 30 days
  • 71 Median Days on Market
    based on 1 year
  • List vs. Selling Price 67.19 % Up
  • Sold (12mo) 230
  • Rented (12mo) 11

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 3 Walk Score
    Car-Dependent
  • 3 Transit Score
    Minimal Transit
  • 29 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: 10
  • Taxes: $13,982
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 28/05/2025 16:17:58
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