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Royal LePage
Royal LePage
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$379,900

North Dundas ON, K0C 2K0

MLS® # X12586880

Property Information:

Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,903 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 $395 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: None
  • Floor Space: 0 - 699 sqft
  • Heating Type: Other

Property Features:

  • Property Type: Multi-family
  • Community Features: School Bus
  • Features: Irregular lot size
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 199.2 Feet
  • Lot Frontage: 299.5 Feet
  • Lot Size: 299.5 x 199.2 FT
  • Zoning: R1-1
  • Sewer: Septic System
  • Parking Type: No Garage
  • No. of Parking Spaces: 12

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 12170 COUNTY 3 ROAD, North Dundas, Ontario, K0C 2K0

Demographic Information of 12170 COUNTY 3 ROAD, North Dundas, Ontario, K0C 2K0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$91,830.81

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.47 %

High school certificate or equivalent

28.81 %

Apprenticeship trade certificate/diploma

7.59 %

College/non-university certificate

32.34 %

University Degree

6.79 %

Commuter

Travel To Work

By Car

84.47 %

By Public Transit

0.0 %

By Walking

14.18 %

By Bicycle

0.0 %

By Other Methods

1.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.28 %

Houses

53.72 %

Own Vs. Rent

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