- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12586876
- Bus Major:
- Other
- Photos (5)
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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 $394 per year. Connected to the city water supply Please note that the negotiation margin is low.
- Property Type:
- Commercial
- Property Sub Type:
- Land
- Freestanding:
- Yes
- Total Area:
- 57499 sq. ft. Acres
- Total Area:
- 1.32 acre(s)
- Lot Depth:
- 192'5"
- Lot Frontage:
- 298'1½"
- Water supply:
- Municipal
- Zoning:
- R1-1
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $2,901.95 / 2025
- Assessment:
- $- / -
- Stormont, Dundas and Glengarry
- North Dundas
- 706 - Winchester
- Utilities:
- Yes
- Sewers:
- Septic
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Gross income:
- $27,903.96
- Net Income Before Debt:
- $23,175.54
- Expenses Actual/Estimated:
- Actual
- Insurance Expenses:
- $394.58
- Tax Expenses:
- $2,901.95
- Operating Expenses:
- $4,728.42
- Year Expenses:
- 2025
- Maintenace Expenses:
- $1,461.89
- Major Business Type:
- Other
- Category:
- Designated
- Franchise:
- No
- Date Listed:
- Nov 28, 2025
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated November 29, 2025 at 06:15 AM (UTC)
- WEI WANG
- Bay Street Group Inc.
- 1 (647) 9147337
- Contact by Email
Wei Wang @ Bay Street Group Inc. Brokerage
Location
#500 – 8300 Woodbine Ave
Markham, ON L3R9Y7