Leased Lot 570 Sumac Street, Centre Wellington

$359,000
Leased Lot 570 Sumac Street

$359,000

New
22d
MobileTrailerBungalow

Leased Lot 570 Sumac Street, Centre Wellington

Total Monthly Obligation $1,848

Beds
1
Baths
1
Park
2
Sqft
700-1100
DOM
22d
Yield
6.0%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-MobileTrailer
MLS® Number-X13853214
Beds-1
Bathrooms-1
Size-700-1100 sqft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-MobileTrailer
Age-31-50
Taxes-$303.08 (2026)
Parking-2 - None
Basement-None
Heating-Forced Air (Propane)
Brokerage-Royal LePage Royal City Realty
Cooling-None
Laundry-No
Fireplace-Electric, Living Room
Pool-Community
Facing-East
Exterior-Board & Batten
Roof-Metal
Foundation-Unknown
Sewer-Other
Possession-Flexible
Neighbourhood-Rural Centre Wellington East
Title-Residential Freehold

No agent assigned

Charming Year-Round Living in Maple Leaf Acres! Welcome home to this lovely board and batten unit that perfectly blends cozy cottage vibes with the true comfort of a permanent home. Nestled within the highly sought-after, beautifully managed community of Maple Leaf Acres, this property radiates pride of ownership from the moment you step inside. Featuring a spacious and bright 1-bedroom, 1-bathroom layout. The floor plan offers incredible versatility with the distinct potential to easily convert a space into a 2nd bedroom to fit your lifestyle needs. It's the perfect fit whether you are looking to downsize, establish a serene weekend getaway, or enjoy peaceful, year-round community living. Beyond your private doorstep lies an incredible resort-style lifestyle. Enjoy hot summer days down at the community beach on Belwood Lake, where you can plunge into the water for a refreshing swim, launch your boat, or soak up the sun. The park is absolutely packed with activities and top-tier facilities, including an indoor swimming pool and hot tub for year-round enjoyment, a gated outdoor pool, a playground, two dynamic recreation centers hosting dances, darts, pickleball, and shuffleboard, plus an on-site take-out restaurant. Don't miss out on this turn-key gem where every day feels like a vacation!

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Closing Costs

Mortgage Amount
$287,200
Land Transfer Taxes$3,860
Legal Fees (Est.)
$
Total cash required for closing$77,160

Total Monthly Obligation

$1,848/mo
Mortgage $1,448
Monthly Loss $1,467
Principal$381
Interest$1,067
Property Tax$25
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near Leased Lot 570 Sumac Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.