For Sale: 26 Salmon Side Road, Rideau Lakes, ON - REW
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$3,150,000
0 bd • ba • 49 sf • Land/Lot
26 Salmon Side Road
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$3,150,000
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26 Salmon Side RoadRideau Lakes, ON, K7A 4S5

  • 0 Bed
  • Bath
  • 49 Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Danny Morissette, Salesperson, RE/MAX HALLMARK REALTY GROUP

Home facts and features

Price details
List Price
$3,150,000
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Gross Taxes for 2025
$29,830
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
1013 ft x 0 ft (49.4 acres)
Depth
Frontage
1013.0 feet
Agent details
Primary Agent
Danny Morissette
Primary Broker
RE/MAX HALLMARK REALTY GROUP
Listing details
Days on REW
38 Days
MLS® Number
X13070042
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

St. Luke Catholic School
  • Catholic
  • 7 - 12
St James the Greater School
  • Catholic
  • JK - 3
St Francis de Sales School
  • Catholic
  • 4 - 8
Lombardy Public School
  • Public
  • JK - 8
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Call Agent
Salesperson
Danny Morissette
Phone:
(613) 334-6497
Office:
613-563-1155
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.