3842 GARY STREET, NORTH GLENGARRY

2025-12-02
 

Quick Summary

Location
3842 GARY STREET, NORTH GLENGARRY, Ontario K0C1A0
Price
$2,550,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#X12594916

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! (id:32467)

Property Features

Building

  • Architectural Style: Bungalow
  • Basement Type: None
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 0 - 699 sqft
  • Building Type: Other
  • Stories: 1

Features

  • Feature: Irregular lot size

Land

  • Land Size: 836.7 x 1374.6 FT|25 - 50 acres
  • Sewer: Septic System

Ownership

  • Type: Leasehold/Leased Land

Information entered by ROYAL LEPAGE TEAM REALTY
Listing information last updated on: 2025-12-02 19:54:59


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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