4635 Donnelly Drive

Manotick - Kars - Rideau Twp and Area K0G 1N0

$989,000

About the 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.

Extra info

Na

Property Details

Property Type:

Designated

Land Size:

149.65 x 4210.67 FT

Water Included:

N

Annual Property Taxes:

$28,974.02

Cross Street:

Donnelly and Gilroy

Freestanding:

N

Status:

For Sale

Community:

8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.

Use:

Other

Listing ID:

X12856722

Price History

Date

6th March 2026

Event

Listed For Sale

Price

$989,000

Time On Market

4 weeks

Harpreet Rakhra

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    Harpreet Rakhra

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