89 Chourney Lane, Prince Edward County (Athol Ward) - Business for Sale
89 Chourney Lane, Prince Edward County (Athol Ward), Ontario, K0K1P0
This business in Prince Edward County is for sale. It has been on the market 52 days, fresher than the Prince Edward County average of 117 days.
Description
An excellent investment opportunity awaits in beautiful Cherry Valley, one of Prince Edward County's most sought-after communities. This well-maintained mobile home park operates year-round and offers a stable, consistent income stream with a solid tenant base. The property is fully tenanted, featuring six leased mobile homes and two additional leased mobile home sites, each providing reliable monthly rental income. With steady occupancy and long-term tenants in place, this is a truly turn-key investment that requires minimal day-to-day management. The park is well serviced and thoughtfully laid out, featuring two dug wells with separate pump houses, a large shared septic system, and two smaller septic beds supporting the homes on the property. Infrastructure has been designed to provide efficient servicing and reliable operation throughout the year. Conveniently located just one minute from a public boat launch on East Lake, tenants and visitors alike can easily enjoy boating, kayaking, and fishing all season long. The world-famous Sandbanks Provincial Park is just down the road, offering stunning beaches, hiking trails, and a major draw for both residents and tourists.This is a rare opportunity to own an established, income-producing property in one of Ontario's premier lifestyle destinations. Whether you're expanding your investment portfolio or seeking a steady, low-maintenance business in the heart of Prince Edward County, this mobile home park delivers strong returns and long-term potential. (id:66096)
Property Details
- MLS®
- X13778532
- Property Type
- Business
- Zoning
- MHR
- Lot Size
- 2.00 acres
- Frontage
- 272 ft
- Heating
- Other
- Cooling
- Fully air conditioned
- Property Tax
- $2,028.32/yr
- Listed
- 52 days ago
Market Timing
Long Listed: 52 days on market, against an average age of 117 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Prince Edward County (Athol Ward) has been listed for 52 days, which is 65 days fresher than the city average of 117. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0K)
This home lists at $550,000, about 6.6× the local median household income of $83,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
- Median household income
- $83,000
- Population
- 115,850
- Median age
- 50.8
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0K)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$550,000
Prince Edward County