6577 Fourth Line Road, Manotick - Kars - Rideau Twp and Area

$550,000
6577 Fourth Line Road

$550,000

New
57d
Detached2-Storey

6577 Fourth Line Road, Manotick - Kars - Rideau Twp and Area

Total Monthly Obligation $2,831

Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
57d
Score
23
Yield
5.8%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X13718450
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50.54 × 169.84 ft
Listed on site-Aug 27, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,851 (2025)
Parking-6 - Other
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Wood
Roof-Shingles
Foundation-Block, Concrete, Stone
Sewer-Septic
Possession-Flexible
Neighbourhood-8009 - North Gower
Title-Residential Freehold

No agent assigned

Located in the heart of North Gower, this 1890-built 2-bedroom home offers a unique combination of village character, a generous 50' x 170' lot and significant potential. Strategically located just 15 minutes from Ottawa, Manotick and the vibrant town of Kemptville, with convenient access to Highway 416, this property offers the best of a quiet village setting with easy access to surrounding communities. The home features 2 upstairs bedrooms, a 4-piece bathroom, well-proportioned living and dining rooms, a bright eat-in kitchen and a front sunroom overlooking the village. Several windows have been replaced, the furnace, washer and dryer, and pressure tank were updated in 2022, and the roof was completed approximately 10 years ago. Two sump pumps provide additional peace of mind. One of the property's biggest advantages is its VM7 Village Mixed-Use zoning, which allows for a broad range of residential, commercial and community-oriented opportunities, subject to applicable regulations and approvals. This flexibility opens the door to a variety of potential uses and makes the property worth considering for both homeowners and those looking for something beyond a conventional residential property. The large detached barn/garage, approximately 30' x 25', with 100-amp service, adds substantial space for storage, workshop use, hobbies or future plans. A property with character, an excellent location, generous land and plenty of potential for the next owner to bring their vision to life.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,831/mo
Mortgage $2,219
Monthly Loss $2,247
Principal$584
Interest$1,635
Property Tax$238
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,728/yr
NOI
$21,204/yr
Net Cash Flow
-$452/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
29.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6577 Fourth Line Road

Time

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