12170 COUNTY 3 ROAD new

North Dundas,ON K0C2K0

$ 399900

- Bed

- Bath

1 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $399,900

Subdivision 706 - Winchester

MLS Listing ID X12013756

Originating Board Ottawa Real Estate Board

Lot Size 298.130 Acres

Acres 1.2986543E7

Property Description

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 shared 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Septic System

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