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$2,550,000
Available - For Sale
Listing ID: X12283993
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!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $112,450 $224,900 $337,350 $449,800
First Mortgage $2,136,550 $2,024,100 $1,911,650 $1,799,200
CMHC/GE $58,755.13 $40,482 $33,453.88 $0
Total Financing $2,195,305.13 $2,064,582 $1,945,103.88 $1,799,200
Monthly P&I $9,402.32 $8,842.44 $8,330.73 $7,705.83
Expenses $0 $0 $0 $0
Total Payment $9,402.32 $8,842.44 $8,330.73 $7,705.83
Income Required $352,587.06 $331,591.67 $312,402.34 $288,968.78

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

3842 Gary Stre , North Glengarry, K0C 1A0, Stormont, Dundas

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Stormont, Dundas and Glengarry
Municipality: North Glengarry
Neighbourhood: 720 - North Glengarry (Kenyon) Twp
Style: Bungalow
Lot Size: x 1374.56(Feet)
Approximate Age:
Tax: $34,242.49
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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