26 Salmon Side Road, Rideau Lakes, ON K7A 4S5, Rideau Lakes, ON
49.0 sqft
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.
Property Highlights
For Sale
MLS NO.
X13070044
Type
Commercial
Sub Type
Investment
Square Footage
49.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13070044
Lot Width
1016.0
Lot Size
49.4
Lot Size Units
Acres
Garage Type
None
Cooling
No
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
26 Salmon Side Road, Rideau Lakes, ON K7A 4S5
City
Rideau Lakes
Neighbourhood
820 - Rideau Lakes (South Elmsley) Twp
County / Region
Leeds and Grenville
Province / State
ON
Postal Code
K7A 4S5
Cross Street
Golf Club Rd
Directions
Head toward Hunters Rd. Turn right onto Hunters Rd. Turn right onto Salmon Side Rd. Turn left onto Twin Oaks Rd. Turn left onto Hyland Dr. Destination will be on the left
Country
CA
List Price
$3,150,000
Annual Taxes
$29,830
Tax Year
2026
Possession Type
Flexible
Possession Details
TBA
Listing Office
RE/MAX HALLMARK REALTY GROUP
Board
Ottawa Real Estate Board
Original Entry
2026-05-01T16:51:25Z
Media Updated
2026-06-15T19:57:23Z
Photos Updated
2026-05-08T18:09:37Z
Last Modified
2026-06-15T19:57:23Z
System Modified
2026-06-15T19:57:23.217579Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-10-31
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
441300261
Public Remarks
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.
