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CAONNorth Gower6610 4Th Line Rd
6610 4 Th Line Rd, Home with 0 bedrooms, 0 bathrooms and 10 parking in North Gower ON | Image 1
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$3,400,000

6610 4 Th Line Rd, North Gower, ON

Real Estate

For Sale

$--,---,---
0010
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $13,982
Days Active 17
Approx. Age 
MLS® Number X12178911

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is a rare investment opportunity featuring eight spacious and beautifully updated residential rental units, including a large single-family home attached to the main building. Situated on a massive lot with ample parking, this property offers exceptional cash flow with low operating costs thanks to no water bills (on well water), low property taxes, a brand new commercial-grade septic system, and separately metered, upgraded electrical throughout. Heating is fully electric and efficiently serviced by brand new heat pumps, with a backup gas furnace available for added security. Seven of the eight units have been renovated three in approximately 2021 and four in 2025 featuring bright, modern, and spacious interiors. The large main home offers tremendous upside with the potential to increase rents following tenant turnover. Located on one of the most desirable streets in the area, this property has incredible future development potential. With several long-term tenants in place, theres significant room for rent growth making this a prime candidate for a high-value refinance as leases turn over.The upside is real and its not priced in!Show Description
MLS® NumberX12178911
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Open
A/CYes
Heating Fuel

Extras

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