12170 County 3 Road, North Dundas, ON Image 1

$399,900

Land For Sale
MLS - #X12013756
Apr 23- By ROYAL LEPAGE TEAM REALTY

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

Bed
Bath
1.32 Sqft.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

1.32 Sqft

About 12170 County 3 Road

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!

Home Overview

Last updated

Apr 23

Virtual tour

None

Basement information

Building size

1.32

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
39990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 12170 County 3 Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1527.35/ month
$319,920 Principal and Interest

Some information about this property - County 3 Road

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