1087 ISLAND VIEW DRIVE

Single Family For Sale in Otonabee South Monaghan, Ontario

$2,277,000
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:4069)
Address
1087 ISLAND VIEW DRIVE
List Price
$2,277,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
Otonabee South Monaghan
Bedrooms
7
Bathrooms
5
Lot Size
223.96 x 199.28 FT Sq. Ft.
MLS® Number
X11955958
Listing Brokerage
RE/MAX JAZZ INC.
Basement Area
N/A (Unfinished)
Postal Code
K0L1B0
Zoning
C T Commercial
Site Influences
Marina, Waterfront, View
Features
Flat site, In-Law Suite

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Tom Sangster | REALTOR®

Royal LePage Frank Real Estate, Brokerage

244 Aylmer Street N. Peterborough ON K9J 3K6

Office: 705-761-3303

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