1087 Islandview Drive, Otonabee-South Monaghan | Image 1
$2,277,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C T Commercial

  • Age: 31-50 years

  • Taxes: 6291.81

  • MLS®#: X11954089

  • Days on Site: 16 Days

  • Added: Feb 03, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX JAZZ INC.

This is an income generating property with so much room for growth. Welcome to your own life. Owned waterfront out to water's edge and lease out into water 250ft. 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

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Age: 31-50

  • Area: Otonabee-South Monaghan

  • Community: Rural Otonabee-South Monaghan

  • Availability Date: 60-90 Day/TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: No

Building

  • Basement: Y

  • Heat Type: Oil Hot Water

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply Type: Dug Well

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Well

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 15 CON A S MONAGHAN AS IN R714407; S/T & T/W R714407* Town

  • Taxes: $6,292

  • Taxes Type: Annual

Land

  • Cross Street: Lakeview Rd & Island

  • Municipality District: Otonabee-South Monaghan

  • Sewer: Septic

  • Lot Depth: 199.28 Feet

  • Lot Frontage: 223.96 Feet

  • Lot Irregularities: 289.63 FT ACROSS . 24

  • Zoning: C T Commercial

Additional Media

  • Virtual Tour: https://www.dropbox.com/scl/fi/t5daly2rxkcc7txr9cjqt/Islandview-Harbour.mp4?rlkey=t9p8vc7h7oqarbtiqd29le88x&st=hb92gt14&dl=0

Commercial Specific

  • Rail: N

  • Total Area: 1.2

  • Total Area Metric: Acres

  • Industrial Area Size: 5920

  • Industrial Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Crane: N

  • Lot Code: Lot

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Car-Dependent

  • Almost all errands require a car.
0 /100

Somewhat Bikeable

  • Almost all errands require a car.
22 /100
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