Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,903 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $394 per year. Connected to the city water supply Please note that the negotiation margin is low.
Address
12170 County 3 Road
List Price
$379,900
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
North Dundas
Sub-Area
706 - Winchester
Region
Stormont, Dundas and Glengarry
Lot Size Source
MPAC
Lot Depth
192.45
Lot Type
Lot
Lot Size Units
Feet
Lot Width
298.13
Parcel Number
661520311
Total Building Area
1.32
Occupant Type
Owner+Tenant
Cross Street
Ottawa St and North St
MLS® Number
X12586874
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Postal Code
K0C 2K0
Posession Details
Flexible
Tax Amount
$2,901.95
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Baseboard
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 4 CON 7 WINCHESTER PT 1, 8R4588; NORTH DUNDAS