26 Salmon Side Road
Rideau Lakes, ON
- 49 sqft
- Investment
- 129 days on market
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.
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Listing Details
- Taxes (2026)
- $29,830
- Listed
- May 1, 2026
Price History
Listing history
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Property
- Lot Size
- 1016 x 1768 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Golf Club Rd
- Zoning
- RMH & RU5
- Parcel Number
- 441300261
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Other
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K7A
- Population
- 17,575
- Private dwellings
- 7,814
- Median age
- 46.8
- Average household size
- 2.3
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Rideau Lakes · last 12 months
- Median sold price
- $480,000
- Homes sold
- 223
- Median days on market
- 41
- Sale-to-list price
- 94.6%
Based on 223 recorded sales of commercial properties in Rideau Lakes over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY GROUP
Walk Score
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Location
Street View
Commercial figures
- Annual property tax
- $29,830
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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