For Sale: 6610 Fourth Line Fourth Line Rd Road, Ottawa, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$2,990,000
0 bd • ba • 4050 sf • Multifamily
6610 Fourth Line Fourth Line Rd Road
Virtual TourStreet ViewDirections
$2,990,000
Get pre-approved

6610 Fourth Line Rd Fourth Line RoadOttawa, ON, K0A 2T0

North Gower - Kars
  • 0 Bed
  • Bath
  • 4050 Sqft
  • Multifamily

About this home

Institutional-quality, cash-flow-positive investment offering long-term stability with embedded upside. This mostly renovated multi-unit asset has been thoughtfully upgraded to support predictable income, low operating risk, and strong tenant retention. Five units have been renovated within the past two years, two additional units within the past five years, while the attached three-bedroom residence remains largely unrenovated, presenting a clear and controllable value-add opportunity through modernization and rent repositioning.The property is engineered to run lean. A commercial-grade septic system and new septic bed, completed within the last two years, paired with upgraded electrical infrastructure and full separate metering, ensures operating efficiency while pushing utility costs directly to tenants. A new private well eliminates water expenses entirely, and the absence of municipal services results in consistently low property taxes, materially strengthening net operating income and long-term yield.Operational stability is further enhanced by a long-term tenant occupying the attached residence who also serves as an on-site caretaker. In exchange for below-market rent, this tenant provides snow removal, lawn care, routine maintenance, and minor repairs - services not reflected in operating expenses - effectively stabilizing cash flow and reducing management exposure without increasing overhead. Four units are wheelchair accessible, offering a durable competitive advantage in a market with an aging demographic and limited accessible housing supply. These units remain in high demand, support strong tenant quality, and contribute to low vacancy and turnover. The building is well maintained, tenanted by clean, long-term occupants, and requires no immediate capital expenditures. This asset delivers reliable income today with measured upside tomorrow, making it ideal for investors seeking strong in-place cash flow, low expense ratios. (id:63626)
Listed by: Marc Papineau, Salesperson, EXP REALTY OF CANADA, INC.

Home facts and features

Price details
List Price
$2,990,000
Get Pre-Approved
Gross Taxes for 2025
$13,982
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
122.17 feet
Frontage
166.7 feet
Heating Type
Baseboard heaters, Forced air, Natural gas, Hot Water
Cooling
Fully air conditioned
Appliances
Dryer, Washer
Community
Agent details
Primary Agent
Marc Papineau
Primary Broker
EXP REALTY OF CANADA, INC.
Listing details
Days on REW
122 Days
Property Views
33
MLS® Number
X12767868
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

North Gower/Marlborough Public School
  • Public
  • JK - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near North Gower - Kars

Neighborhoods near North Gower - Kars

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-08.
Call Agent
Salesperson
Marc Papineau
Phone:
(866) 530-7737
Office:
(866) 530-7737
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.