307 FRONT Road, Champlain | Image 1

307 FRONT Road

Champlain, 614 - Champlain Twp

  • Commercial

$1,099,900
For Sale

Added 4 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: Mobile Home Park

  • Age: No Data

  • Taxes: 14816.7

  • MLS®#: X10442266

  • Days on Site: 127 Days

  • Added: Nov 04, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: ROYAL LEPAGE TEAM REALTY

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!

Property

  • Status: Sale

  • Property Type: Land

  • Area: Champlain

  • Community: 614 - Champlain Twp

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Building

  • Water Supply Type: Drilled Well

  • Water Supply: Well

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 2 CON BROKEN FRONT WEST HAWKESBURY, PART 1, 46R-7610; T/W

  • Taxes: $14,817

  • Expenses: Est

  • Management Expense: 5555

  • Insurance Fee: 475

  • Hydro Expense: 2052

  • Other Expenses: 6424

  • Taxes: 14817

  • Tax Year: 2024

  • Water Fees: 10262

Land

  • Cross Street: Follow Main St East

  • Municipality District: Champlain

  • Parcel Number: 541860952

  • Sewer: Septic

  • Lot Depth: 769 Feet

  • Lot Frontage: 148.61 Feet

  • Lot Irregularities: 1

  • Zoning: Mobile Home Park

Commercial Specific

  • Total Area: 3.4

  • Total Area Metric: Acres

  • Franchise: N

  • Tangible Property Included: N

  • Financial Statement: Y

  • Gross Income/Sales: 111096

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For Sale
4 months ago
$1,099,900
  • 0 bath
  • 0 bed

307 FRONT Road, Hawkesbury, Ontario • K6A 2T1 • 612 - Hawkesbury