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$ 2,277,000
Est. payment /mo
Active
1087 Islandview DR Otonabee-south Monaghan, ON K0L 1B0
1 SqFt
UPDATED:
02/19/2025 01:38 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,277,000
Subdivision Rural Otonabee-South Monaghan
MLS Listing ID X11954089
Annual Tax Amount $6,291
Tax Year 2024
Property Sub-Type Investment
Lot Depth 199.28
Lot Front 223.96
Property Description
This is an income generating property with so much room for growth. Welcome to your own life. Owned waterfront out to water's edge and lease out into water 250ft. from Parks Canada. This long well-established marina on Rice Lake, Trent Waterway System with 1.2 acres of land. More than 110 boat slips with room to expand, boat slips completely full, servicing Cow and Long Island property owners. 2-1 bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners residence) 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 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 taxi out to the islands, includes small construction barge with hoist, $15 boat launch fee, outdoor public washrooms. Loads of upgrades. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. Deeded parking to Cow Island Residents right behind the marina on a separately owned property. Cow Island residents rent a slip at the marina, no entitlement to a free slip. 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 huge shop could be used or rented to marine mechanic or marine upholstery shop, the 3rd. large high heated shop with auto hoist and other mechanical equipment could be leased to a mechanic. All 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. **EXTRAS** Everything is negatable
Location
Province ON
County Peterborough
Community Rural Otonabee-South Monaghan
Area Peterborough
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available None
Lot Frontage 223.96
Lot Depth 199.28
Others
Virtual Tour https://www.dropbox.com/scl/fi/t5daly2rxkcc7txr9cjqt/Islandview-Harbour.mp4?rlkey=t9p8vc7h7oqarbtiqd29le88x&st=hb92gt14&dl=0
Listed by RE/MAX JAZZ INC.
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