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$ 399,900
Est. payment /mo
Active
12170 County 3 RD North Dundas, ON K0C 2K0
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $399,900
Subdivision 706 - Winchester
MLS Listing ID X12013756
Annual Tax Amount $2,502
Tax Year 2024
Property Sub-Type Land
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 supplied to all homes, and each has it's own 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!
Location
Province ON
County Stormont, Dundas And Glengarry
Community 706 - Winchester
Area Stormont, Dundas And Glengarry
Exterior
Utilities Available Yes
Lot Frontage 298.13
Lot Depth 192.45
Listed by ROYAL LEPAGE TEAM REALTY