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7
Beds
5
Baths
$2,277,000
List Price
1087 Islandview Dr, Otonabee-South Monaghan, ON - 1 of 3
1087 Islandview Dr, Otonabee-South Monaghan, ON - 2 of 3
1087 Islandview Dr, Otonabee-South Monaghan, ON - 3 of 3
New
3 days on market

This is an income generating property. Welcome to your own future. A place to live and a place to build a future. Owned waterfront. This long well-established marina on Rice Lake on the Trent Water 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... Show More

This is an income generating property. Welcome to your own future. A place to live and a place to build a future. Owned waterfront. This long well-established marina on Rice Lake on the Trent Water 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 automotive equipment could be leased to auto 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:54626)

Property Details

Size

Sq. Ft. Not Available
9 total rooms across 1 floor
7 Beds
7 Above Grade
5 Baths
4 Full - 1 Partial

Parking

50 Parking Spaces
Detached Garage,Inside Entry

Lot

Size
2687′0″ * 2391′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Concrete, Vinyl siding
Foundation
Block
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Dug Well
Sewer
Septic System
SHOW LESS

Rooms

Kitchen

Kitchen

Living room

Living Room

Primary Bedroom

Bedroom

Bedroom 2

Bedroom

Kitchen

Kitchen

Living room

Living Room

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X11955958
Last Updated
February 6, 2025
Brokerage
RE/MAX JAZZ INC.
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