2N Watabeag Road

Kirkland Lake · MLS® T13583714

772 sq ft · Land · Vacant Land · 96 days on market

listed by RAY REZAPOOR, RE/MAX PREMIER INC.

realtor's description

Exceptional investment opportunity! Approximately 772 acres of prime land with a fully executed long-term solar land lease in place, providing stable and escalating annual rental income. A rare opportunity to own a passive income-generating asset backed by a strong long-term lease. Excellent buy-and-hold investment with significant future upside.

property details

type: Land, Vacant Land
living area: 772 sq ft
parking: 0
property tax: $9,750 / yr
days on market: 96
MLS®: T13583714

monthly cost

$114,092/mo

Mortgage $113,280 · Tax $813

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$113,280/ monthly

loan $20,800,000

25-year amortization

down payment20% · $5,200,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $13,183,852
cash to close: $5,200,000; down payment; transfer tax and fees not included
total paid: $33,983,852

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

similar homes nearby

nothing comparable on the market right now.

2N Watabeag Road

about this home

realtor's description

property details

costs

monthly cost

your notes

similar homes nearby