402 29 HIGHWAY, Rideau Lakes
$999,900
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X12955924
- Neighbourhood
- 820 - Rideau Lakes (South Elmsley) Twp
Looking for a stable investment, here you have a mobile home park with 19 privately owned mobiles, (leasing their lots), a 3-bedroom bungalow (owners' home), a 1-bedroom bungalow (owners rental now tenanted) plus a garage with a side office (owners). All packaged for sale together business, land and owned buildings. Seller looking to move once sold, leaving their home available for added revenue. Seller interested in continuing to rent his home and assist a new owner during the transition. Willing to move out also but asking for 3-4 months to do so. A rare opportunity for a live in investment or simply a hands-free opportunity. Known as Twin Oak Mobile Home Park, there are park owned septic fields and a park managed water supply. Solid land lease income with additional investment value and income potential for the owner owned buildings too. Interested parties must sign a Nondisclosure form to receive financial breakdowns. 48-hour notice preferred for property viewings. You don't see this special type of property come along often. Worth considering!
Sold data
Homes in Rideau Lakes — recent sold market
Homes in Rideau Lakes took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 60 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $444,250.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $444,250
- Sale-to-list ratio
- 96.4%
- Sold above asking
- 8%
Based on 60 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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