Manotick - Kars - Rideau Twp and Area - 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.
Manotick - Kars - Rideau Twp and Area - 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.
Listed For $989,000
Get Pre-approvedAdded 3 months ago
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 finan
* Values are estimates only and not a guarantee of lending or affordability.
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