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CAONMerrickville4635 Donnelly Dr
4635 Donnelly Dr, Home with 0 bedrooms, 0 bathrooms and null parking in Merrickville ON | Image 1
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$1,200,000
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4635 Donnelly Dr, Merrickville, ON

Real Estate

For Sale

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000
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $28,974
Days Active 9
Approx. Age 
MLS® Number X12386026

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberX12386026
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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