4635 Donnelly Drive

FOR SALE
$1,200,000
4635 Donnelly Drive, Manotick - Kars - Rideau Twp And Area
4635 Donnelly Drive
4635 Donnelly Drive
Land
CATEGORY
149.65 x 4210.67
LOT SIZE
X12386026
MLSID
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Property Description
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.
Property Details
Address
4635 Donnelly Drive
Postal Code
K0G 1N0
Property Type
Land, Land
Use
Designated
Zoning
RU[913r]-h
Lot Size
150' x 4,211'
Acreage
83.1 Feet
Taxes
$28,974 (2025
Water
Well
Listing contracted with Royal Lepage Team Realty
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