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$2,550,000

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Active

3842 Gary ST North Glengarry, ON K0C 1A0

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision 720 - North Glengarry (Kenyon) Twp

MLS Listing ID X12594916

Style Bungalow

Annual Tax Amount $35,219

Tax Year 2025

Property Sub-Type Multiplex

Property Description

WOW! Just over $216,000 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. Massive 1,212,710-square-foot residential lot. Beyond the income it generates, it already has substantial value based solely on the land. 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!

Location

Province ON

County Stormont, Dundas And Glengarry

Area Stormont, Dundas And Glengarry

Rooms

Family Room No

Basement None

Kitchen 0

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Other

Exterior

Pool None

Roof Type Other

Lot Frontage 836.7

Lot Depth 1374.56

Building

Foundation Other

Others

ParcelsYN No

Listed by ROYAL LEPAGE TEAM REALTY

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate