6610 FOURTH LINE ROAD

North Gower, Ontario K0A2T0

$1,650,000

ID# 1303306
Here's an incredible opportunity to own a well diversified, mix use turnkey rental property. Despite the fact that this property is not operating at full capacity, this property is still generating a very healthy revenue. This property boasts, 4 tasteful and spacious residential rental properties (one of which is a single family home attached to the main building), one beautiful turnkey commercial retail unit, 3 separate bays offering a combined approx. 3,000 square feet of storage rental space and a huge lot with ample parking for tenants, employees, customers and anyone who may want to rent parking spaces. The building has enjoyed some amazing long-term tenants which means rents have a ton of room to improve which makes any future refinance a dream as value will drastically increase once those rents turnover but the upside is not priced in! To make this deal sweeter, it sits on a huge lot on one of the best streets in the area which means, great future development opportunity! (id:43993)
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1967
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
Courtesy of RE/MAX AFFILIATES REALTY LTD.
Listed on: July 08, 2022

On market: 87 days

Anita deVries Bonneau 

Sales Representative BA. LL.B.

Direct: 613-299-1547

anitadbonneau@royallepage.ca

Royal LePage Team Realty

12B-6081 HAZELDEAN ROAD

Stittsville, ON

K2S 1B9

Office: 613-831-9287

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