For saleMLS® X13070044

26 Salmon Side Road, Rideau Lakes, ON K7A 4S5

820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes · Near Golf Club Rd · View map

$3,150,000
49Sq ft
InvestmentType
NoneParking
$29,830/yrTaxes
$3,150,000
FreeholdNo monthly condo fee
Lot 1016 x 1768 ftThe land comes with the home

About this home

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.

The home

Type
Investment
Square footage
49 sq ft
Lot size
1016 x 1768 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$29,830/yr
Tax year
2026
Occupancy
Tenant
Possession
TBA
Cross street
Golf Club Rd
Neighbourhood
820 - Rideau Lakes (South Elmsley) Twp

More

MLS® number
X13070044

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$15,192per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    26 Salmon Side Road, Rideau Lakes, ON K7A 4S5

    820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes · Near Golf Club Rd

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    Sold history

    Listing history for 26 Salmon Side Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 26 Salmon Side Road

    Answers come straight from this home’s MLS® listing.

    How much is 26 Salmon Side Road listed for, and what would it cost each month?

    26 Salmon Side Road is listed for $3,150,000. With 20% down ($630,000), the mortgage payment would be roughly $12,706 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $15,192 a month, all in. That figure is an illustration, not a quote.

    Is 26 Salmon Side Road freehold or a condo, and is there a monthly fee?

    26 Salmon Side Road is a investment in 820 - Rideau Lakes (South Elmsley) Twp, Rideau Lakes. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 26 Salmon Side Road have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 26 Salmon Side Road?

    26 Salmon Side Road is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 26 Salmon Side Road, and what is the lot size?

    The lot is listed as 1016 x 1768 ft.

    What are the property taxes for 26 Salmon Side Road?

    Property taxes are $29,830 a year (2026), or about $2,486 a month.

    Where is 26 Salmon Side Road?

    26 Salmon Side Road is in the 820 - Rideau Lakes (South Elmsley) Twp community of Rideau Lakes. The nearest main intersection is Golf Club Rd. The postal code is K7A 4S5.

    Is 26 Salmon Side Road still for sale?

    Yes. It is an active listing (MLS® X13070044). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 26 Salmon Side Road asking?

    Similar properties for sale nearby right now include 26 Salmon Side Road at $3,150,000, 9868 COUNTY ROAD 42 Road at $2,298,000 (4+1 bed) and 4769i Briton Houghton Bay Road at $2,499,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 26 Salmon Side Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 26 Salmon Side Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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