26 Salmon Side Road Rideau Lakes, Ontario K7A 4S5
$3,150,000
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. (id:59524)
Business
| BusinessType | Residential |
| BusinessSubType | Residential |
Property Details
| MLS® Number | X13070042 |
| Property Type | Vacant Land |
| Community Name | 820 - Rideau Lakes (South Elmsley) Twp |
Building
| SizeInterior | 49 Ac |
Land
| Acreage | Yes |
| Sewer | Septic System |
| SizeDepth | 1768 Ft |
| SizeFrontage | 1013 Ft |
| SizeIrregular | 49.4 |
| SizeTotal | 49.4 Ac |
| SizeTotalText | 49.4 Ac |
| ZoningDescription | Rmh & Ru5 |
Get 20+ years of home-buying secrets I’ve used with over 500 clients, so you can get your dream home for the price you want
Access For FreeInterested?
Contact us for more information about this listing.
"*" indicates required fields
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 08 2026 06:35:05
RE/MAX Hallmark Realty Group