$989,000
4635 DONNELLY DRIVE
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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. (id:65958)
- Subtype
- Vacant Land
- Community
- 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd.
- Living area
- 83
- Lot size
- 83.07 acres
- Lot dimensions
- 83.07
- On market
- Mar 6, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $28,974.02
- Zoning
- RU[913r]-h
- Photos
- 4
- MLS#
- X12856722
- Area
- OTTAWA
Features and systems
Lot
Cash on cash
-6.53%
Cap rate
3.56%
GRM
16.6
Break-even rent
$6,083
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.