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$1,135,000
Available - For Sale
Listing ID: X9516860
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: $8,472
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
Zoning: VM Village Mixed
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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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY ADAM MILLS

6607, 6 FOURTH LINE Rd , Manotick - Kars - Rideau Twp and Area, K0A 2T0, Ontario

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Paulette Zander
Sales Representatives
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416-456-7481
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416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Ottawa
Municipality: Manotick - Kars - Rideau Twp and Area
Neighbourhood: 8009 - North Gower
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Lot Size: 0.00 x 0.00(Feet)
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Tax: $8,472
Maintenance Fee: $0
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908