1087 Island View Drive

Detached For Sale in Rural Otonabee-South Monaghan, Otonabee-South Monaghan

$1,999,999
TRhe docks are soon going in. The beginning of another busy summer at this income generating property with so much room for growth. The biggest part of your yearly income is a few days away. Spring boat launching. 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.
Address
1087 Island View Drive
List Price
$1,999,999
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow-Raised
Area
Otonabee-South Monaghan
Sub-Area
Rural Otonabee-South Monaghan
County
Peterborough
Bedrooms
7
Bathrooms
5
Lot Size Source
GeoWarehouse
Lot Depth
199.28
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
223.96
MLS® Number
X11955958
Listing Brokerage
RE/MAX JAZZ INC.
Basement Area
Unfinished
Postal Code
K0L 1B0
Parking
Front Yard Parking, Inside Entry, Reserved/Assigned
Parking Places (Total)
50
Tax Amount
$6,291.81
Tax Year
2024
Exterior Features
Deck, Fishing, Security Gate, Year Round Living
Interior Features
In-Law Suite
Property Features
Fenced Yard, Lake/Pond, Marina, School Bus Route, Waterfront
Heat Source
Oil
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Concrete, Vinyl Siding
Direction Faces
South
Foundation Details
Block
Garage Type
Detached
Kitchens Total
4
Other Structures
Drive Shed, Workshop
Pool Features
None
Roof
Asphalt Shingle, Metal
Water Source
Dug Well
View Type
Bay, Lake, Marina, Panoramic, Water
Water View
Direct
Waterfront
Yes
Waterfront
Direct
Waterfront Accessory
Dry Boathouse-Double, Multiple Slips
Waterfront Features
Boat Slip, Dock, Trent System
Water Frontage (Feet)
223.96
Water Body Name
Rice Lake
Water Body Type
Lake
Shoreline
Shallow, Weedy, Sandy
Access To Property
Year Round Municipal Road
Alternative Power
None
Sewer
Septic

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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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