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:48755)
Property Details
| MLS® Number | X13070044 |
| Property Type | Business |
| Community Name | 820 - Rideau Lakes (South Elmsley) Twp |
| Farm Type | Other |
Building
| Cooling Type | None |
| Heating Type | Other |
| Size Interior | 49 Ac |
Land
| Acreage | Yes |
| Size Depth | 1768 Ft |
| Size Frontage | 1016 Ft |
| Size Irregular | 49.4 |
| Size Total | 49.4 Ac |
| Size Total Text | 49.4 Ac |
| Zoning Description | Rmh & Ru5 |
Interested?
Contact us for more information
Danny Morissette
Salesperson
www.drmrealestate.ca/
https://www.facebook.com/D.R.Morissette
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344 O'connor Street
Ottawa, Ontario K2P 1W1
(613) 563-1155
(613) 563-8710
www.hallmarkottawa.com/
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May 08 2026 06:35:06
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group