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Home ON Ottawa - Gatineau Ottawa North Gower
6610 FOURTH LINE ROAD
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6610 FOURTH LINE ROAD $3,400,000
$3,400,000
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6610 FOURTH LINE ROAD
Ottawa, Ontario K0A2T0

MLS® Number: X12178911

Listing 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! (40557285)

Location Description

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

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
8009 - North Gower
Land Size
0.49 ac
Annual Property Taxes
$13,982
Total Parking Spaces
10
Time on REALTOR.ca
29 days

Building

Interior Features
Appliances Included
Dryer, Washer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Drilled Well
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
10

Land

Lot Features
Frontage
166 ft ,7 in
Land Depth
122 ft ,2 in
Other Property Information
Zoning Description
Commercial
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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