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

Manotick - Kars - Rideau Twp and Area, ON, K0G 1N0 · 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.

Sq Ft
Land Type
X12856722 MLS#

About this property

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.

Features & Amenities

  • Sewer: None

Property Details

Property Type Commercial
Property Sub-Type Land
Lot Size 83 Feet
Sewer None
Annual Tax $28,974
Tax Year 2025

Building & Construction

Building Area Total
83.07

Lot & Land

Lot Size Area
83.07
Lot Size Units
Feet
Lot Depth
4210.67
Lot Width
149.65

Financial & Tax

Tax Annual Amount
$28,974
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
None
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Ottawa
Cross Street
Donnelly and Gilroy
Directions
Donnelly Road, past Burritts Rapids North
Showing Requirements
Showing System

Location

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

Listing courtesy of ROYAL LEPAGE TEAM REALTY
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