$2,277,000 FOR SALE

Detached Bungalow-Raised

Bedrooms: 7Bathrooms: 5Lot: 223.92 x 199.25 ft

1087 Island View Drive
Otonabee-South Monaghan, ON K0L 1B0

Huge spring revenue is only a couple months away. This is an income generating property with so much room for growth. Welcome to your own future. A place to live and a place to build a future. Owned waterfront out to the waters edge and lease out into the water 250 ft. from Parks Canada. This long well-established marina on Rice Lake Trent waterway System on 1.2 acres is so under utilized. Approx. 1 acre leased from Parks Canada under the water taxed separately. More than 110 boat slips with room to expand is completely full servicing Cow and Long Island property owners. There are no unrented boat slips available at this time. 2-1 bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners residence) with stunning views over the docks and the waterfront. 3 shops under approx 6000 sq.ft. of roof ( roof would be perfect for solar panel income), part of that large space is high and heated. Large retail store, Marine fuel sales with TSSA inspected above ground fuel tank, propane tank exchange service. Room to increase revenue with marina service, boat shrink wrap, water tax out to the islands, includes small construction barge with hoist, $15 boat launch fee, outdoor washrooms. Loads of upgrades. Only 45 mins to Oshawa, $15 mins to Peterborough, 20 mins to 407. Deeded parking to Cow Island Residents behind the marina. The owner shuts down for the winter but could stay open all winter to sell fuel to snowmobilers, operate a store perhaps a hot snack bar to the numerous ice fishermen who fish right out front. The shops could be used or rented to marine mechanic; marine upholstery shop the 3rd large high heated shop with auto hoist and other mechanical equipment could be leased to a mechanic. All of those uses are needed in the area. More boat slips are also needed, if the buyer chose to construct. Offer to be done on a commercial offer form. HST to be self-assessed by the Buyer. (id:47423)

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Listed By RE/MAX JAZZ INC.
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X11955958
Last Updated Feb 23, 2025
Property Summary
Property Type Detached

More like this:
Community Rural Otonabee-South Monaghan
Price History
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Detailed Information
Bedrooms 7
Bathrooms 5
Lot 223.92 x 199.25 ft
Amenities Nearby Marina
Community Features Fishing, School Bus
Equipment None
Property Easement Unknown
Features Flat site, In-Law Suite
Listing Contract Date 2025-02-03
Location Description Lakeview Rd East and Island View Drive
Ownership Type Freehold
# of Parking Spaces 50
Property Type Single Family
Rental Equipment None
Structures Deck, Drive Shed, Workshop, Boathouse, Dock
Transaction Type For sale
Views Lake view, View of water, Direct Water View
Waterfront Type Waterfront
Waterfront Name Rice
Zoning Description C T Commercial
Building
Architectural Style Raised bungalow
Basement Development Unfinished
Basement Type N/A (Unfinished)
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Concrete, Vinyl siding
Foundation Type Block
# of Half Bathrooms 1
Heating Fuel Oil
Heating Type Forced air
Stories Total 1
Type House
Utility Water Dug Well
Rooms
Room Level Dimensions Notes
KitchenMain levelMeasurements not available
Living roomMain levelMeasurements not available
Primary BedroomMain levelMeasurements not available
Bedroom 2Main levelMeasurements not available
KitchenUpper LevelMeasurements not available
Living roomUpper LevelMeasurements not available
OfficeUpper LevelMeasurements not available
Primary BedroomUpper LevelMeasurements not available
Bedroom 2Upper LevelMeasurements not available
Parking Spaces
Name Spaces
Detached Garage
Inside Entry
Utilities
Type Description
WirelessAvailable
Electricity ConnectedConnected
TelephoneConnected
Land
Total Size 223.96 x 199.28 FT | 1/2 - 1.99 acres
Access Type Year-round access, Marina Docking
Amenities Marina
Fence Type Fenced yard
Sewer Septic System
Size of Irregular Land 223.96 x 199.28 FT
Surface Water Lake/Pond

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