6610 FOURTH LINE Rd Fourth Line Road

ActiveManotick - Kars - Rideau Twp and Area157 days on marketMLS® X12767868

$2,990,000

$738 / sq ft

Bedrooms0

Bathrooms0

Interior4,050 sq ft

TypeCommercial

ListingFor Sale

Days on Market157

About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12767868
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,050 sq ft
Beds / Baths	0 bed · 0 bath
City	Manotick - Kars - Rideau Twp and Area
Postal Code	K0A 2T0
Province	ON
Listed Date	March 3, 2026
Days on Market	157
Price per Sq Ft	$738
Brokerage	EXP REALTY