Map location of 5261 Hwy 17, Markstay Warren, ON P0M1X0
$1,100,000
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5261 Hwy 17, Markstay-Warren, ON P0M1X0

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Seize this unparalleled investment opportunity with a remarkable CAP rate of 8.7%! Own not just one, but two thriving mobile home parks, offering both stability and potential for expansion. The first property, located at 1035 Hwy 17 E in Wahnapitae, spans 8.3 acres and is just a short 15-minute drive from major retail stores. This commercial-zoned land features nine rented mobile home lots, each fully serviced with hydro, municipal water, and septic systems. A small onsite office building and a laydown area, currently used by a property maintenance company, add further value. With municipal weekly garbage collection and a well-maintained environment, this property promises steady rental income and additional commercial possibilities along its Hwy 17 E frontage. The second property, at 5261 Hwy 17 in Markstay-Warren, is a vast 94.9-acre estate fronting Hwy 17 E and backing onto the serene Veuve River. This park includes nine mobile home lots, with six occupied by landlord-owned units, two by long-term renters, and one vacant lot ready for a new unit with all utilities prepped for hookup. The site features a large barn, corral, and a three-bedroom owner-occupied house. With preliminary survey work suggesting further expansion potential, this park offers abundant green space and tranquility. Both parks are expertly maintained by an onsite property maintenance company, ensuring the roadways and lawns are always in pristine condition. This is your chance to secure a unique package deal that combines immediate rental income with significant growth potential. Don't let this exceptional opportunity slip away! (id:55598)

Listing By: SHAYNE MALONE - ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 2116889
  • Date Listed11/05/2024
  • Time on Realty 0 Hours
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Other
  • Water Public

Interior Features

  • Cooling None

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / P0M1X0

Source: Walkscore

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

13/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 10/100.

Points of interest near 5261 Hwy 17, Markstay Warren, ON P0M1X0

1.98 km

Distance

2.77 km

Distance

1.84 km

Distance

1.98 km

Distance

2.77 km

Distance

1.46 km

Distance

1.84 km

Distance

1.36 km

Distance

2.08 km

Distance

2.63 km

Distance

Frequently Asked Questions for 5261 Hwy 17

Source: Realty.com

5261 Hwy 17, Markstay Warren, ON P0M1X0 is a Other, Other property listed for $1,100,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 18 photos of 5261 Hwy 17.

The full address for this home is 5261 Hwy 17, Markstay Warren, ON P0M1X0.

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 10/100.

Listing provided courtesy of: ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (tel: (705) 688-0007)
Listing agent: SHAYNE MALONE (tel: (705) 690-2624)

This content last refreshed on 2024-11-05 09:39:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5261 Hwy 17, Markstay Warren, ON P0M1X0 : MLS® 2116889

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