5
See all 5 photos
$379,900
Est. payment /mo
Active
12170 County 3 RD North Dundas, ON K0C 2K0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 706 - Winchester
MLS Listing ID X12149114
Style Other
Annual Tax Amount $2,502
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 199.16
Lot Front 299.51
Appx SqFt < 700
Property Description
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 and septic systems supplied to all homes. 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 mult-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! Gross income was $27,084, expenses were $4918 (net $22,165) for 2024.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 706 - Winchester
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features Other
Cooling Other
Fireplace No
Heat Source Other
Exterior
Pool None
Roof Type Other
Lot Frontage 299.51
Lot Depth 199.16
Total Parking Spaces 12
Building
Unit Features School Bus Route
Foundation Other
Listed by ROYAL LEPAGE TEAM REALTY
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