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$ 625,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 614 - Champlain Twp
MLS Listing ID X13057440
Annual Tax Amount $18,066
Tax Year 2025
Property Sub-Type Investment
Property Description
Ideally located just off Highway 34, this property known as "The Meadowbrook Park" offers excellent access to downtown Hawkesbury, with its shops, grocery stores, and restaurants, as well as convenient connections to regional routes Ottawa and Montreal. This year-round modular home park spans on a 7.29 acre site. There are 15 fully serviced, owner-occupied modular homes on land leases, with the potential to add 7 additional units. The community is well maintained, quiet, and attractive to long-term residents who take pride in their homes. The property is supported by a reliable private water system, featuring a drilled well that services all 15 homes. Water is treated through four 450L chlorination contact tanks, filtered via an automated backwash system, and distributed from a central pump house directly to each unit. This represents a strong, low-maintenance investment opportunity. The property generates a current gross annual income of $86,083.44, with operating expenses of $38,000.62, resulting in a net income of $48,082.82. As tenants own their homes, management requirements and insurance costs remain low, making this a turnkey asset with stable and predictable returns. Please refer to the attached documents for additional details.
Location
Province ON
County Prescott And Russell
Area Prescott And Russell
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 297.45
Others
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY GROUP
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