12170 County 3 Road North Dundas, Ontario K0C 2K0
$399,900
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. (id:37553)
Property Details
| MLS® Number | X12029859 |
| Property Type | Multi-family |
| Community Name | 706 - Winchester |
| Community Features | School Bus |
| Features | Irregular Lot Size |
| Parking Space Total | 12 |
Building
| Heating Type | Other |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 199 Ft ,1 In |
| Size Frontage | 299 Ft ,6 In |
| Size Irregular | 299.51 X 199.16 Ft |
| Size Total Text | 299.51 X 199.16 Ft |
| Zoning Description | R1-1 |
https://www.realtor.ca/real-estate/28047850/12170-county-3-road-north-dundas-706-winchester
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March 19 2025 09:52:55
Ottawa Real Estate Board
Royal LePage Team Realty