6610 FOURTH LINE Rd Fourth Line Road
Manotick - Kars - Rideau Twp and Area, ON
- 4,050 sqft
- Investment
- 211 days on market
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.
Listing Details
- Taxes (2025)
- $13,982
- Listed
- February 6, 2026
Price History
Property
- Lot Size
- 166.64 x 122.17 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- 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
- Zoning
- VM7[314r]
- Parcel Number
- 039120264
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 8 Fridges, 8 Stoves, All washers and dryers in the units
- Exclusions
- Tenant belongings
Community
Postal area K0A
- Population
- 111,626
- Private dwellings
- 43,737
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $115,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Manotick - Kars - Rideau Twp and Area · last 12 months
- Median sold price
- $1,045,000
- Homes sold
- 230
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 230 recorded sales of commercial properties in Manotick - Kars - Rideau Twp and Area over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,050 sq ft
- Price per sq ft
- $738.27
- Annual property tax
- $13,982
- Tax per sq ft
- $3.45
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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