436 River Rd · Apartment for Rent

This property is managed by DMS Property Management. Farming oasis right in the middle of Ottawa! This is an amazing opportunity to live and work on a beautiful farm property with 400 meters of waterfront on the Rideau River. This property includes 20.7 acres of top quality newly tile drained agricultural soils with excellent potential for fruit and vegetable production. This farm is ideally situated for a highly successful farm market stand based on high traffic location just north of Riverside South-Leitrim and the new Vimy Memorial Bridge, which is the gateway to the Barrhaven South Community, offering all the amenities and great exposure with more than 80,000 customers at your doorstep for roadside produce. The property is located only 20 minutes from downtown Ottawa. The house is a newly renovated 3 bedroom bungalow with hardwood floors, one bathroom, a large unfinished basement and a single car garage with extra parking in the driveway. Enjoy your morning cup of coffee with a stunning view of your farmlands and the Rideau River from your back door! Agricultural Lands: Total area: 20.7 acres (18.8 acres cultivable) Soil Type: 16.3 acres class two and 2.5 acres class 3 clay loam soils Tile Drainage: New systematic tile drainage (to be installed summer 2016) Residence: Three bedroom bungalow with one bathroom and an attached single car garage. Outbuildings: There are no outbuildings located on this property. Rental Rate: $1,705.21 per month (house and land) + taxes and utilities. Rental rate is conditional upon OMAFRA qualification (Ontario Ministry of Agriculture, Food and Rural Affairs). Land Rent: $4142.50 / year or $345.21 / month Class 2 systematic tile drained soils: $225 / acre X 16.3 acres = $3667.50 / year Class 3 systematic tile drained soils: $190 / acre X 2.5 acres = $475.00 / year House Rent: $1360.00 / month Property Taxes (2016 estimates): $2,241.10 (residence) + $123.33 (land) = $$2,364.43