For Sale Business

402 29 Highway

$999,900 Est. $4,427/mo ↓

Rideau Lakes, Ontario K7A 4S5

30 Parking spaces
410 X 346 Ft ; 1 Lot size
86 days ago Listed
None Other

About this home

Looking for a stable investment, here you have a mobile home park with 19 privately owned mobiles, (leasing their lots), a 3-bedroom bungalow (owners' home), a 1-bedroom bungalow (owners rental now tenanted) plus a garage with a side office (owners). All packaged for sale together business, land and owned buildings. Seller looking to move once sold, leaving their home available for added revenue. Seller interested in continuing to rent his home and assist a new owner during the transition. Willing to move out also but asking for 3-4 months to do so. A rare opportunity for a live in investment or simply a hands-free opportunity. Known as Twin Oak Mobile Home Park, there are park owned septic fields and a park managed water supply. Solid land lease income with additional investment value and income potential for the owner owned buildings too. Interested parties must sign a Nondisclosure form to receive financial breakdowns. 48-hour notice preferred for property viewings. You don't see this special type of property come along often. Worth considering! (id:28469)

Facts & features

Property

MLS® Number
X12955924
Property Type
Business
Community Name
820 - Rideau Lakes (South Elmsley) Twp
Farm Type
Other
Parking Space Total
30

Building

Cooling Type
None
Heating Type
Other

Land

Acreage
No
Sewer
Septic System
Size Depth
346 Ft
Size Frontage
410 Ft
Size Irregular
410 X 346 Ft ; 1
Size Total Text
410 X 346 Ft ; 1
Zoning Description
Mobile Home Park

The Rideau Lakes (South Elmsley) Twp market

57 Active listings
$574,900 Median asking price
74% above median This home
35 days Avg. time on market
Browse all Rideau Lakes (South Elmsley) Twp listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$4,427/mo
Ontario land transfer tax
$16,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

402 29 Highway, Rideau Lakes, Ontario K7A 4S5  ·  Get directions

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