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$ 3,150,000
Est. payment | /mo
49 SqFt
$ 3,150,000
Est. payment | /mo
49 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 49
Square Footage 49 sqft
Price per Sqft $64,285
Subdivision 820 - Rideau Lakes (South Elmsley) Twp
MLS® Listing ID X13070042
Lot Size 49.400 Acres
Acres 49.4
Property Description
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. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic System
Listed by RE/MAX HALLMARK REALTY GROUP