89 Chourney Lane, Prince Edward County

$550,000
89 Chourney Lane

$550,000

New
39d
Investment

89 Chourney Lane, Prince Edward County

Total Monthly Obligation $2,763

Beds
0
Baths
0
Park
0
DOM
39d
Property Type-Investment
MLS® Number-X13778532
Beds-0
Lot Size-272 × 326 ft
Listed on site-Sep 14, 2026
Building Type-Investment
Taxes-$2,028.32 (2025)
Parking-None
Heating-Other
Brokerage-Keller Williams Energy Real Estate
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBD
Neighbourhood-Athol Ward
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,763/mo
Mortgage $2,219
Monthly Loss $2,179
Principal$584
Interest$1,635
Property Tax$169
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 89 Chourney Lane

Time

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