Homes for sale - 1087 Islandview DR, Otonabee-south Monaghan, ON K0...

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Fawad Nissari

eXp Realty

fawad.nissari@exprealty.com +1(416) 878-1085

$ 1,999,999

Est. payment | -/mo

1 SqFt

Save Virtual Tour

$ 1,999,999

Est. payment | -/mo

Save Virtual Tour

1 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,999,999

Subdivision Rural Otonabee-South Monaghan

MLS Listing ID X11954089

Building Age 31-50

Annual Tax Amount $6,291

Tax Year 2024

Property Sub-Type Investment

Property Description

The docks are soon going in for the beginning of another busy season. This is an income generating property with so much room for growth. The biggest part of your yearly income is a few days away. Spring. Boat launch season. Welcome to your own life. Owned waterfront out to water's edge and lease out into water 250 ft. 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.

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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Milton Home With Basement Apartment Under 1 Million

1087 Islandview DR Otonabee-south Monaghan, ON K0L 1B0