$1,135,000
Available - For Sale
Listing ID: X9516860
6607, 6 FOURTH LINE Rd , Manotick - Kars - Rideau Twp and Area, K0A 2T0, Ontario
| Exceptional investment opportunity situated in the heart of North Gower, with strong future development potential. This land assembly, located at the intersection of Roger Stevens and Fourth Line, is comprised of two triplex buildings, (both fully tenanted) and a commercially zoned parking lot between them. The parking lot can hold 10-12 vehicles and has an outbuilding, presently used for storage. This site boasts enormous potential for future development and provides a solid Return on Investment in the meantime. Zoned Village Mixed Use (VM) provides great flexibility for both commercial and residential uses. |
| Price | $1,135,000 |
| Taxes: | $8472.00 |
| Occupancy by: | Tenant |
| Address: | 6607, 6 FOURTH LINE Rd , Manotick - Kars - Rideau Twp and Area, K0A 2T0, Ontario |
| Postal Code: | K0A 2T0 |
| Province/State: | Ontario |
| Legal Description: | LT 46 PL 628 N GOWER; PT LT 45 PL 628 N |
| Directions/Cross Streets: | Turn right onto Prince of Wales Dr; At the roundabout, take the 2nd exit onto Prince of Wales Dr; Tu |
| Category: | Apartment |
| Insurance Expense: | $8664 |
| Water Expense: | $0 |
| Gross Income/Sales: | $95820 |
| Net Income Before Debt: | $71629 |
| Heat Type: | Baseboard |
| Sewers: | Septic |
| Water: | Well |
| Water Supply Types: | Drilled Well |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY ADAM MILLS |
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Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Manotick - Kars - Rideau Twp and Area |
| Neighbourhood: | 8009 - North Gower |
| Tax: | $8,472 |
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