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$ 379,900
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 $379,900
Subdivision 706 - Winchester
MLS Listing ID X12149113
Annual Tax Amount $2,502
Tax Year 2024
Property Sub-Type Land
Lot Depth 192.45
Lot Front 298.13
Property Description
Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 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 $640 per year. Connected to the city water supply Please note that the negotiation margin is low.
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
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