12170 County 3 Road, North Dundas, ON K0C 2K0

North Dundas K0C 2K0 Ontario

MLS: X12013756

$399,900

Added 2 days ago | For Sale

Listed by: ROYAL LEPAGE TEAM REALTY

About Property

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!

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 298.13 X 192.45
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:North St and Ottawa St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $2502.48
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12013756

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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