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Otonabee-south Monaghan,ON K0L 1B0
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Rural Otonabee-South Monaghan
MLS Listing ID X11955958
Style Bungalow-Raised
Bedrooms 7
Annual Tax Amount $6,291
Tax Year 2024
Lot Size 0.500 Acres
Property Description
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.
Location
Province ON
County Peterborough
Community Rural Otonabee-South Monaghan
Area Peterborough
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features In-Law Suite
Cooling Central Air
Fireplace No
Heat Source Oil
Exterior
Exterior Feature Deck,Fishing,Security Gate,Year Round Living
Parking Features Front Yard Parking,Inside Entry,Reserved/Assigned
Garage Spaces 50.0
Pool None
Waterfront Description Direct
View Bay,Lake,Marina,Panoramic,Water
Roof Type Asphalt Shingle,Metal
Topography Flat
Lot Frontage 223.96
Lot Depth 199.28
Total Parking Spaces 50
Building
Unit Features Fenced Yard,Lake/Pond,Marina,School Bus Route,Waterfront
Foundation Block