REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Feb

Thu

Feb

Fri

Feb

Marlene Boyle

marlene@boyleteam.ca +1(905) 926-5554

$ 2,277,000

Est. payment -/mo

Save

New

1087 Island View DR Otonabee-south Monaghan, ON K0L 1B0

7 Beds

5 Baths

0.5 Acres Lot

UPDATED:

02/05/2025 03:04 PM

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

Listed by RE/MAX JAZZ INC.

GET MORE INFORMATION

Contact Us

+1(905) 926-5554

marlene@boyleteam.ca