Edgewood Estates MH Park 30 Brouse Road, Massey, Ontario

Edgewood Estates is an Adult Lifestyle Community located in the La Cloche Foothills of Northern Ontario. The Community of Residents at Edgewood Estates consists of mainly retired Individuals, allowing for positive a cash flow, low effort Investment; Perfect for the Savvy Investor. All Major Renovations and Hard Work have recently been completed, easing the way for a New Investor, with over $200k of Capital improvements (Major Overhaul to the Water System, Investment in a Centralized Multi-Use Pump House). Easy Set Up for Future Development with Massive Growth Potential (Current Infrastructure in Place is able to sustain 200% Growth). Any additional Investments will lead to Growth and Increased Value.

• Tremendous development potential
• 16 Long Term Residents providing steady income
• 4 cleared lots with water lines
• 6 additional cleared lots
• 4 additional lots
• 14 New lots (total) that can accommodate a home
• 20-30 additional lots on remaining land available
• Township is supportive and encourages future development
• Recently upgraded centralized water system with the capacity to double the current homes serviced, planed towards future development
• Township provides garbage and recycling pick-up at each lot for no extra charge
• Retirement Adult Lifestyle philosophy creates a sense of community that improves the quality of tenant and reduces turnover and vacancy rate
• Documented legal leases recently signed with every tenant

Hydro One manages and co-ordinates service to each lot; no need for a costly on-site centralized electrical distribution system

• The property is zoned as a Mobile Home Park (MHP) and is situated on 32.23 acres.
• Less than half of the 32.23 acres is developed with three roads and approximately 29 lots accessible from these roads.
• The three roads (Pinewood Estates, Oak Lane, and Willow Way) and 29 lots are all recognized in the civic listing, and this provides tenants with a regular postal address and improves accessibility for emergency response.
• Currently there are 15 leased lots and 1 park-owned leased home & lot.
• There are 13 unoccupied lots available and accessible (from existing roads); 4 of these have water service supplied, however all these lots need varying degrees of work to prepare for a home, including installation of septic system, access road and culvert for the 4 lots with water service supplied. The other 9 lots will require additional work for the provision of water service.
• All lots are a minimum of 60’ X 120’, and many are larger.

The property is flat well treed in a mixed forest with conifers predominating; the ground soil is sandy below the topsoil layers.