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$379,900
Available - For Sale
Listing ID: X12149112
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.
Price $379,900
Taxes: $2,502.48
Tax Type: Annual
Occupancy by: Owner+T
Address: 12170 County 3 Road , North Dundas, K0C 2K0, Stormont, Dundas
Postal Code: K0C 2K0
Province/State: Stormont, Dundas
Legal Description: PT LT 4 CON 7 WINCHESTER PT 1, 8R4588; N
Directions/Cross Streets: Ottawa St and North St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Accommodation
Use: Other
Building Percentage: T
Total Area: 1.32
Total Area Code:  Acres
Financial Statement: F
Franchise: F
Maintenance: 0
Water Expense: $414
Net Income Before Debt: $22166
Expenses Actual/Estimated: $Act
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

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


 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: North Dundas
Neighbourhood: 706 - Winchester
Style:
Lot Size: x 192.45(Feet)
Approximate Age:
Tax: $2,502.48
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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