ACTIVE

4635 Donnelly Drive Ottawa, Ontario K0G 1N0

$989,000
83 Acres
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. (id:28469)
Property Details
MLS® Number
X12856722
Property Type
Vacant Land
Community Name
8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.
Farm Type
Other
Features
Irregular Lot Size
Building
Size Interior
83 Acres
Land
Acreage
Yes
Size Depth
4210 Ft ,8 In
Size Frontage
149 Ft ,7 In
Size Irregular
83.07
Size Total
83.07 Ac
Size Total Text
83.07 Ac
Zoning Description
Ru[913r]-h
Neighbourhood
Private Viewing & Info

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Emily Blanchard
Broker

(613) 867-3690

Royal LePage Team Realty
530 Main Street
Winchester, Ontario K0C 2K0

(613) 774-4253
(613) 703-6651
www.ottawacountryhomes.ca/

Nathan Lang
Salesperson

(613) 795-5264
www.oldford.ca/

Royal LePage Team Realty
530 Main Street
Winchester, Ontario K0C 2K0

(613) 774-4253
(613) 703-6651
www.ottawacountryhomes.ca/