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Investment signal

$379,900

12170 COUNTY 3 ROAD

Save this home

Beds

0

Baths

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Dundas. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

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 $395 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:65958)

Subtype
Multi-family
Structure
Other
Community
706 - Winchester
Lot dimensions
299.5 x 199.2 FT
Bedrooms
0 above grade
Parking
12 total
On market
Nov 28, 2025
Status changed
Apr 24, 2026
Annual tax
$2,901.95
Zoning
R1-1
Photos
5
MLS#
X12586880
Area
NORTH_DUNDAS

Features and systems

Parking

No Garage

Basement

None

Heating

Other

Lot

Irregular lot size

Community

School Bus
Negative cash flow ~$464/mo at these assumptions

Cash on cash

-7.33%

Cap rate

3.40%

GRM

16.7

Break-even rent

$2,388

Financing

Down payment$75,980
Loan amount$303,920
Mortgage$1,540/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$174
Insurance$80
Maintenance$317
CapEx reserve$158
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,540/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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