A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 12170 County 3 Rd, North Dundas Ontario K0C 2K0
6 days on Market

12170 County 3 Rd, North Dundas, Ontario K0C 2K0

Townhouse
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-
- sqft
$399,900
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$1,717/mo

Tax Amount (2024)$2,502/yr

Days On Market6 days


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 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.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size59,650 SqFt(199.16 x 299.51)
Parking Spaces12
MLS ®NumberX12029859
Community NameNorth Dundas
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Other
Cooling: Other

Features

Lot size: 59,650 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Population and Demographics

Overview

Total population 10787
Average household income $120,827

Age (%)

50 to 64
24%
0 to 19
22%
65 and plus
21%
35 to 49
17%
20 to 34
16%

Household composition (%)

Single family
70%
Single person
27%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
89%
French
8%
Others
2%
English and French
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget