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$989,000
Available - For Sale
Listing ID: X12856722
Hands off investment opportunity here, with a proven track record of more than a decade. Become the owner of company that owns these eighty plus acres of high and dry land right across from the mighty Rideau River and receive more than $65,000 in rental income for the next dozen years at least. This is an opportunity for the right investor to set up themselves or their family for decades to come. While the solar farm tenants cover all the taxes and insurance you can investigate future development plans on the land or design your own beautiful estate for when the lease is up. You'll be receiving better than a 5% on your money with the option to increase the rent in the final five years of the contract and a potential for an additional five year term at the lessee's option. Traditional financing is not an option for this property and the vendor is not interested in a VTB, so have cash in account or your ducks in a row. Do not visit the property as it is a secure site.
Price $989,000
Taxes: $28,974.02
Tax Type: Annual
Occupancy by: Tenant
Address: 4635 Donnelly Drive , Manotick - Kars - Rideau Twp and Area, K0G 1N0, Ottawa
Postal Code: K0G 1N0
Province/State: Ottawa
Legal Description: PT LT 28, CON 1, MARLBOROUGH, PT 1, PT 2
Directions/Cross Streets: Donnelly and Gilroy
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
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Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Designated
Use: Other
Total Area: 83.07
Total Area Code:  Acres
Franchise: F
Maintenance: 0
Sewers: None
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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

4635 Donnelly Drive , Manotick - Kars - Rideau Twp and Area, K0G 1N0, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Land
Area: Ottawa
Municipality: Manotick - Kars - Rideau Twp and Area
Neighbourhood: 8008 - Rideau Twp S of Reg Rd 6 W of Mccordi
Style:
Lot Size: x 4210.67(Feet)
Approximate Age:
Tax: $28,974.02
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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