Zarrin Joo
Broker
RE/MAX REALTRON REALTY INC., Brokerage
Independently owned and operated.
11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7
Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590
$2,550,000
Available - For Sale
Listing ID: X12283998
3842 Gary Stre , North Glengarry, K0C 1A0, Stormont, Dundas
| WOW! Just over $208,000 in annual gross income in Alexandria!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Alexandria. This 28 acre lot contains 47 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. The owner is responsible for road, water and septic maintenance (infrastructure). There are drilled wells (14) to supply all mobile homes and each home has it's own septic system. This is an excellent opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to risk losing their investment. Mobile home parks offer low maintenance costs because each tenant is responsible for their home, which also leads to low insurance costs for the park owner. Alexandria is a large town with all amenities including shopping, hospital and anything else you might need! Situated 1 hour from Montreal and 1hr from Ottawa. With the current demand for housing, this affordable option for housing is sure to attract clientele in the long-term! Ask for the information package! |
| Price | $2,550,000 |
| Taxes: | $34242.49 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 3842 Gary Stre , North Glengarry, K0C 1A0, Stormont, Dundas |
| Postal Code: | K0C 1A0 |
| Province/State: | Stormont, Dundas |
| Legal Description: | PT E1/2 LT 1 CON 1 KENYON; PT W1/2 LT 1 |
| Directions/Cross Streets: | Concession 1 and Joanne St, Gary St, and Bobby St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Building Percentage: | T |
| Total Area: | 28.00 |
| Total Area Code: | Acres |
| Business/Building Name: | White Cedar (North) |
| Management Expense: | 10406 |
| Vacancy Allowance: | 0 |
| Net Income Before Debt: | $150334 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Sewers: | Septic |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY |
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Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | North Glengarry |
| Neighbourhood: | 720 - North Glengarry (Kenyon) Twp |
| Tax: | $34,242.49 |
| Fireplace: | N |
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