6607 FOURTH LINE Road, Manotick - Kars - Rideau Twp and Area | Image 1
$1,135,000
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: VM Village Mixed

  • Age: No Data

  • Taxes: 8472

  • MLS®#: X9516860

  • Days on Site: 177 Days

  • Added: Jun 25, 2024 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE TEAM REALTY ADAM MILLS

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 71629

  • Area: Manotick - Kars - Rideau Twp and Area

  • Community: 8009 - North Gower

  • Availability Date: TBD

Building

  • Heat Type: Baseboard

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Covered Parking Spaces: 16

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 46 PL 628 N GOWER; PT LT 45 PL 628 N GOWER AS IN N505923; RID

  • Taxes: $8,472

  • Expenses: Est

Land

  • Cross Street: Turn right onto Prin

  • Municipality District: Manotick - Kars - Rideau Tw

  • Sewer: Septic

  • Zoning: VM Village Mixed

Commercial Specific

  • Total Area Metric: Acres

  • Financial Statement: Y

  • Gross Income/Sales: 95820

JK-6

St. Benedict Catholic School Elementary School

Elementary: Catholic
12.26 km
JK-5

North Gower/Marlborough Public School

Elementary: Public
0.82 km
JK-5

Manotick Public School

Elementary: Public
11.15 km
JK-6

Osgoode Public School

Elementary: Public
8.94 km
JK-6

St Leonard Elementary School

Elementary: Catholic
11.77 km
JK-8

Kars on the Rideau Public School

Elementary: Public
5.71 km
9-12

St Michael High School

Secondary: Catholic
13.27 km
9-12

North Grenville District High School

Secondary: Public
14.92 km
9-12

École secondaire catholique Pierre-Savard

Secondary: Catholic
15.69 km
9-12

St Mark High School

Secondary: Catholic
13.56 km
9-12

St Joseph High School

Secondary: Catholic
14.79 km
9-12

South Carleton High School

Secondary: Public
10.50 km