$1,099,900
Available - For Sale
Listing ID: X10442266
307 FRONT Rd , Champlain, K6A 2T1, Ontario
| WOW! Just over $111,000 in annual gross income!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Hawkesbury. This 3.4 acre lot contains 24 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. This property backs onto the Ottawa River, which creates a fantastic park-like atmosphere on the north end of the lot and gives tenants the bonus of water access! The owner is responsible for road, water and septic maintenance (infrastructure). There is a drilled well to supply all mobile homes and a recently installed pump station with water treatment. 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. Hawkesbury is a large town with all amenities including shopping, hospital and anything else you might need! Situated 40 min 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! |
| Price | $1,099,900 |
| Taxes: | $14816.70 |
| Occupancy: | Tenant |
| Address: | 307 FRONT Rd , Champlain, K6A 2T1, Ontario |
| Postal Code: | K6A 2T1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 2 CON BROKEN FRONT WEST HAWKESBURY |
| Lot Size: | 148.61 x 769.00 (Feet) |
| Directions/Cross Streets: | Follow Main St East of Hawkesbury, it turns into Front road. |
| Total Area: | 3.40 |
| Total Area Code: | Acres |
| Financial Statement: | Y |
| Chattels: | N |
| Franchise: | N |
| Taxes Expense: | $14817 |
| Insurance Expense: | $475 |
| Management Expense: | 5555 |
| Hydro Expense: | $2052 |
| Water Expense: | $10262 |
| Other Expenses: | $6424 |
| Gross Income/Sales: | $111096 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Central Air Conditioning: | N |
| Sewers: | Septic |
| Water: | Well |
| Water Supply Types: | Drilled Well |
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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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At a Glance:
| Type: | Com - Land |
| Area: | Prescott and Russell |
| Municipality: | Champlain |
| Neighbourhood: | 614 - Champlain Twp |
| Lot Size: | 148.61 x 769.00(Feet) |
| Tax: | $14,816.7 |
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