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$550,000
Ottawa
6577 Fourth Line Road, Ottawa, Ontario, K0A2T0
This 2-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $550,000, it is attractively priced about 27% below the $749,900 median asking price in Ottawa.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 71 days on market, against an average age of 62 days across the listings currently for sale in this city
This 2-bed single family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $550,000, about 4.8× the local median household income of $115,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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Loading rates, 30-yr amortization
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