179 m
Distance
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:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
4/100
Car-Dependent
Walk Score ®
5/100
Minimal Transit
Transit Score ®
34/100
Bikable
Bike Score ®
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
1 nearby routes: 1 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 1/100, Bike Score: 28/100.
Source: Realty.com
6610 FOURTH LINE RD FOURTH LINE ROAD, Ottawa, ON K0A2T0 in Ottawa, ON K0A2T0 is a multi family listed at $2,990,000. Highlights include 4,050 sq. ft., $738 per sq. ft.. Realty.ca has 21 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 21 photos of 6610 FOURTH LINE RD FOURTH LINE ROAD.
The full address for this home is 6610 FOURTH LINE RD FOURTH LINE ROAD, Ottawa, ON K0A2T0.
6610 FOURTH LINE RD FOURTH LINE ROAD has been listed on Realty.com since Sat February 07, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 1/100, Bike Score: 28/100.
Listing provided courtesy of:
EXP REALTY
Listing agent:
Marc Papineau
This content last refreshed on 2026-06-04 02:44:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.