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    For Sale - 26 Salmon Side Road, Rideau Lakes, Ontario

    Est payment $15,126/mo
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    Time on Jump  14 day

    AI Summary *

    • Freehold land-lease community with a stable 4.6% cap rate.
    • Approximately 49 acres in a desirable rural location.
    • 47 occupied pads plus an additional park-owned home.
    • Possibility for near-term and long-term expansion opportunities.
    • Conveniently located near Smiths Falls and local amenities.




    Fully occupied freehold land-lease community with a 4. 6% cap rate, stable in-place income, and long-term expansion potential. Situated on approximately 49 acres in a desirable rural setting just south of smiths falls and adjacent to the smiths falls golf & country club, the property features 47 occupied pads, plus one larger park-owned home currently occupied by the property manager. The park-owned home includes an above-ground pool and a generous outdoor area, offering added operational flexibility and potential future utility for ownership. The community has a long history of full occupancy. In addition to stable in-place income, the site offers future growth potential, with owner materials identifying land for near-term expansion as well as substantial longer-term expansion area. Existing planning, environmental, and servicing materials, including historical site plans and wastewater servicing concepts, provide supporting information for buyers evaluating future phases. The community includes a mix of singlewide and doublewide homes, with several doublewides featuring permanent concrete basements. Convenient access to smiths falls and surrounding amenities further supports the property's appeal. Ideal for investors seeking durable cash flow with longer-term upside potential. Buyer to complete own due diligence regarding future development, servicing, and approvals.
    Listing IDX13070044
    Address26 Salmon Side Road
    CityRideau Lakes, Ontario
    Price$3,150,000
    StyleInvestment
    Land Size49.4
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Other

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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    26 Salmon Side Road
    Rideau Lakes , Ontario
    $3,150,000
    Get more info