COTTAGE FOR SALE — ST. FRANCIS ISLAND (LOT 2)
A one-bedroom cottage (built in 2019) with a three-piece bathroom is for sale! The cottage includes:
• All furniture & housewares
• Solar system
• Water pump
• Hot water on demand
• Septic system
• Propane heater
• Electric heater & air conditioner
• 80 ft. rolling dock on wheels (by Dock’Rite)
• Boat lift & personal watercraft (jet ski) lift
This is a leased lot with a current annual rent of $2,820 for the period of August 1, 2021 – July 31, 2024. The lease is for a 15-year term, effective July 1, 2018 – June 30, 2033. Rent reviews are conducted every three years during the term of the lease, with the next one due to be conducted during 2024.
Buyers will be required to complete an application to lease and obtain approval to lease prior to the purchase.
Asking price is $329,900.
Contact: Jason at 613-577-9492
Note: There is currently a rent reduction in effect for members of Akwesasne which sets the rent at 25% of the Fair Market Rate per year for the five-year period from 2021-2026.