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$3,150,000
Ontario,Rideau Lakes
For Sale Active
26 SALMON SIDE ROAD, Rideau Lakes, Ontario K7A4S5
  • 49 Acre
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Basic Details
Description

Acquire a fully occupied 47-pad freehold land-lease mobile home community generating stable in-place income at a 4.5% cap rate, with approximately 49.46 acres of land and identified expansion potential for an estimated 70-130 additional sites, subject to approvals and servicing. 26 Salmon Side Road presents a rare opportunity to acquire an established community combining immediate cash flow with substantial long-term

growth potential. The property consists of 47 occupied land-lease sites, a manager’s residence, and approximately 35 acres of excess land beyond the existing developed portion of the community. Preliminary review has identified approximately 21 acres of practical expansion area capable of supporting an estimated 70-130 additional sites, with approximately 70 sites representing the low-end practical scenario. Based on current operating performance and estimated expansion costs, investors may have a pathway toward a stabilized yield on cost in the range of approximately 7.5%-8.5%+ following future expansion. Opportunities to acquire stabilized mobile home communities with meaningful excess land are increasingly scarce throughout Ontario, making this a compelling opportunity for operators, investors, and affordable housing groups seeking both current income and future value creation. ADDITIONAL DETAILS FOUND IN “MORE INFORMATION” LINK BELOW. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13070044
  • Price: $3,150,000
  • Square Footage: 49 Acre
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 278365
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Rideau Lakes, K7A4S5
  • Street: Salmon
  • Street Number: 26
  • Street Suffix: Sideroad
  • Longitude: W77° 58' 26.7''
  • Latitude: N44° 51' 37.2''
Additional Information
  • Lot Size Dimensions: 49.4
Financial
  • Tax Annual Amount: 29830
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Listing updated: 2026-06-22 07:04:34
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Listing Information
  • List Agent Key: 2132148
  • List Office Key: 278365
  • Modification Timestamp: 2026-06-15T20:15:05Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-15T20:04:25Z
Powered by REALTOR.ca
Listing updated: 2026-06-22 07:04:34
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