7232 Franktown Road

Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa · MLS® X13197272

72 sq ft · 72 sq ft lot · House · Multi-family · 150 days on market

listed by Danny Morissette, RE/MAX HALLMARK REALTY GROUP

realtor's description

Income-producing 71-acre rural landholding near Richmond, offering frontage, scale, a 4.1% cap rate, and long-term development potential. The property provides stable income today, with opportunities to increase revenue over time and strengthen the overall return profile. With flexibility for future planning, development, or rural-use opportunities, it represents a strategic hold with proximity to Richmond, access to the broader Ottawa market, and multiple paths for future value creation. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

property details

type: House, Multi-family
living area: 72 sq ft
lot: 72 sq ft
parking: 0
property tax: $6,270 / yr
days on market: 150
MLS®: X13197272

monthly cost

$10,761/mo

Mortgage $10,239 · Tax $523

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

estimated payment

$10,239/ monthly

loan $1,880,000

25-year amortization

down payment20% · $470,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,191,617
cash to close: $470,000; down payment; transfer tax and fees not included
total paid: $3,071,617

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