12170 County 3 Road, North Dundas, ON K0C 2K0

For Sale 40 days on Market MLS® X12586880

Asking Price

$379,900

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12170 County 3 Road, North Dundas, ON K0C 2K0

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Overview

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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.

Area

350 sqft

Lot Size

1.4 acres

Type

Multiplex

Property Details

Year BuiltNot Disclosed

CityNorth Dundas

Postal CodeK0C2K0

Lot Dimensions299.51 × 199.16 ft

Parking12 spaces

Interior Features

Heat: Other

Heat Source: Other

Cooling: Other

Style: Other

Exterior & Land

Sewer: Septic

Construction: Other

Roof: Other

Utilities & Services

Heat SourceOther

SewerSeptic

Financial Information

List Price$379,900

Annual Taxes$2,902 (2025)

Days on Market40

MLS® X12586880 • Listed by ROYAL LEPAGE TEAM REALTY

12170 County 3 Road, North Dundas, ON K0C 2K0

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Purchase Calculator

Home Price

$379,900.00

Location

Down Payment

$79,779.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

12170 County 3 Road, North Dundas, ON K0C 2K0

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