$399,900
Available - For Sale
Listing ID: X12013757
12170 County 3 Road , North Dundas, K0C 2K0, Stormont, Dundas
| Looking for a low-maintenance investment property? Let's chat about this income-generating mobile home park in Winchester. This 1.3 acre lot contains 7 mobile homes with land leases, located in a quiet community and backing onto fields on the edge of town, but still walking distance to all of the amenities available in Winchester. The owner of the mobile home park is responsible for infrastructure maintenance (road, water and septic), but the mobile home tenants are responsible for maintaining their homes, which results in a hands-off investment property. There is municipal water supplied to all homes, and shared septic systems. This is an excellent investment opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to miss a payment and risk losing their home. Also, the insurance costs are far less than multi-residential properties. Winchester is a great town with all amenities including shopping, hospital and anything else you might need! Situated 40 min south of Ottawa. With the current demand for housing, this affordable option is sure to attract clientele for many years to come! |
| Price | $399,900 |
| Taxes: | $2502.48 |
| Tax Type: | Annual |
| Occupancy by: | Owner+T |
| Address: | 12170 County 3 Road , North Dundas, K0C 2K0, Stormont, Dundas |
| Postal Code: | K0C 2K0 |
| Province/State: | Stormont, Dundas |
| Legal Description: | PT LT 4 CON 7 WINCHESTER PT 1, 8R4588; N |
| Directions/Cross Streets: | Ottawa St and North St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 1.32 |
| Total Area Code: | Acres |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Water Expense: | $414 |
| Net Income Before Debt: | $22166 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | North Dundas |
| Neighbourhood: | 706 - Winchester |
| Tax: | $2,502.48 |
| Fireplace: | N |
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