3842 Gary Street, North Glengarry, ON K0C 1A0, North Glengarry, ON
WOW! Just over $208,000 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!
Property Highlights
For Sale
MLS NO.
X12283993
Type
Residential Freehold
Sub Type
Multiplex
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X12283993
Living Area Range
< 700
Total Bedrooms
0
Bedrooms Above Grade
0
Total Bathrooms
0
Total Kitchens
0
Kitchens Above Grade
0
Rooms Above Grade
0
Interior Features
Other
Fireplace
No
Central Vacuum Yn
No
Construction
Other
Roof
Other
Lot Width
836.7
Lot Size
28.0
Parking Total
0.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
None
Heat Source
Other
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
3842 Gary Street, North Glengarry, ON K0C 1A0
City
North Glengarry
Neighbourhood
720 - North Glengarry (Kenyon) Twp
County / Region
Stormont, Dundas and Glengarry
Province / State
ON
Postal Code
K0C 1A0
Cross Street
Concession 1 and Joanne St, Gary St, and Bobby St
Directions
Heading north on HWY 34 into Alexandria take a left onto Concession Rd 1. The mobile park will be on your immediate left. (Joanne St, Gary St, and Bobby St)
Country
CA
List Price
$2,550,000
Annual Taxes
$34,242
Tax Year
2024
Legal Description
PT E1/2 LT 1 CON 1 KENYON; PT W1/2 LT 1 CON 1 KENYON; PT 1,2,3 14R5954 SUBJECT TO AN EASEMENT OVER PT 2 14R5954 IN FAVOUR OF 67107-0052 AS IN GL8990 SUBJECT TO AN EASEMENT OVER PT 2 14R5954 IN FAVOUR OF PT LT 1 CON 1 AS IN GL9055 TOWNSHIP OF NORTH GLENGARRY
Possession Type
Flexible
Possession Details
Flexible
Listing Office
ROYAL LEPAGE TEAM REALTY
Board
Ottawa Real Estate Board
Original Entry
2025-07-14T20:07:54Z
Media Updated
2025-07-15T14:53:23Z
Photos Updated
2025-07-14T20:07:54Z
Last Modified
2025-12-01T18:49:23Z
System Modified
2025-12-01T18:49:23.614252Z
MLS Status
Terminated
Architectural Style
Bungalow
Basement
None
Co List Office Name
ROYAL LEPAGE TEAM REALTY
Ddfyn
Yes
Expiration Date
2026-01-15
Foundation Details
Other
Heat Source Multi
Other
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
671150293
Parking Spaces
0
Public Remarks
WOW! Just over $208,000 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!
