$3,150,000
Available - For Sale
Listing ID: X13070044
26 Salmon Side Road , Rideau Lakes, K7A 4S5, Leeds and Grenvi
| Fully occupied freehold land-lease community with 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, with one park-owned home currently occupied by the property manager, and 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. |
| Price | $3,150,000 |
| Taxes: | $14915.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 26 Salmon Side Road , Rideau Lakes, K7A 4S5, Leeds and Grenvi |
| Postal Code: | K7A 4S5 |
| Province/State: | Leeds and Grenvi |
| Directions/Cross Streets: | Golf Club Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 49.00 |
| Total Area Code: | Acres |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Employees #: | 1 |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-858-0000
Fax:
905-452-7646
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Leeds and Grenville |
| Municipality: | Rideau Lakes |
| Neighbourhood: | 820 - Rideau Lakes (South Elmsley) Twp |
| Tax: | $14,915 |
| Fireplace: | N |
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