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Property Details (Ottawa, ON)

Title

Arnprior, Ontario, Canada Land For Sale - 125 Acres

  
Asking Price $ 6,000,000 CAD
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Property Description
Investment opportunity. Seasoned and Novice Investors Welcomed.

125 acres for sale of which there is 7,886 ft of waterfront. (150 is a municipal right-of way).

The current zoning for the property is industrial. The buyer would need to go through the rezoning process to have this classified for their future use. The site can be serviced by power and phone. You can install well and septic systems.

Most of this property is already fenced off. It would be an ideal location to create something unique such as a private industry, a gated community, or a private residence with a lot of land.

An ideal investment project would be to divide the land up to have over 5o properties of 1+ acre each with waterfront. You can then create another 50-60 1+ acre properties behind those with access to water. Even if you don’t provide access to water on your land, there is a municipal beach and dock nearby.

What is the return on investment? In Ontario, waterfront properties usually sell out within 2 years. Real estate statistics indicate approximately 80% sales rate within those 2 years for projects this size.

Recommended sale price for each 1 acre waterfront lot should be around $200 000 to $250 000 which should see a return of $10 million dollars on your investment just on the waterfront properties. The other lands should be divided up and sold for about $100 000 each. If you make 50-60 lots, your return should be an additional 5-6 million dollars. This is an estimate based on land value only.

Land in the Ottawa and Ottawa area usually goes up 10% per year in value. Even if you don’t sell the land right away, it will still be worth investing as Ottawa is currently not a real estate bubble about to burst like Toronto and Vancouver. Since it is near the capital of Canada, it is a considered a “recession proof city”. Our target market is government employees seeking a country retreat.

A commercial shopping centre has been making inquiries about building nearby in the future.

I can be available to manage the project. My interest is to build/sell houses (or commercial) on the land. Either you can build the houses and we’ll sell them off for profit together or I can just sell the houses directly to the people buying the land. This is always open for discussion after the land has been purchased.

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This information was taken from the City of Arnprior website.

"Less than 30 minutes from Canada’s capital city, Ottawa, the Town of Arnprior is located where the Madawaska River meets the Ottawa River. The Town of Arnprior is ideal for vacationers and for people interested in small town life. It is a great place to raise a family or to live a leisurely life of retirement. We have the best of both worlds, small town neighbors and proximity to the city life offered in the region of Ottawa-Carleton. Arnprior is a progressive community with the right combination of residential, commercial, and industrial components. This is probably why so many top 500 companies, including General Electric, Arnprior Aerospace Inc. and Pfizer have chosen to locate in the Town of Arnprior. With the expansion of the TransCanada Highway 17 to four lanes to Arnprior, the possibilities are unlimited. Our beautiful community has several historical landmarks together with the many required modern conveniences, including shopping, recreation, restaurants, watersport facilities, and beaches, just to name a few.

Come to Arnprior to live, visit or set up a business, you will not find a more receptive community!"
Map
Address: Arnprior, On
Posted Date 2016-04-12 02:13:31(GMT)
Last Modified 2017-06-27 15:50:55(GMT)
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