A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 1087 Island View Dr, Otonabee-South Monaghan Ontario K0L 1B0
Re-listed 94 days ago

1087 Island View Dr, Otonabee-South Monaghan, Ontario K0L 1B0

Detached
7
5
~< 700 sqft
$•••,•••
$1,745,000
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Detached
7
5
~< 700 sqft

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Highlights

Property Estimate

Days on market94 days

Total days on market
245 days

Estimated valueNot available

Price/Sqft$1,246/sqft

Monthly cost

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Description

An amazing opportunity to own this long-established marina, with 280 feet of prime commercial tourism waterfront on the north shore of Rice Lake. Located on The Trent Water System with 1.2 acres on land and approximately 1 additional acre leased from Parks Canada (under the water and taxed separately). Whether you're looking for a location to expand your marina operation, or looking for a change of lifestyle to combine work/play and cottaging, this is an opportunity to explore. There's an already established demand for boat and personal watercraft rentals with 100 plus boat slips all completely reserved, servicing Cow and Long Island. There's an ever growing demand for slips, with many other property owners and boat owners looking for a safe boat slip. 2-1 bedroom apartments, 1-2 bedroom and 1-3 bedroom (owners residence) and 3 shops under approx. 6000 sq. ft of roof. Part of this space is high and heated so it's perfect for working all year servicing and repairing boats, snowmobiles, and personal watercraft, or building and selling docks for area cottagers. Large retail store selling everything from snacks to fuel, oil, marine parts and fishing tackle and bait. Marine fuel sales with TSSA inspected above ground fuel tank, propane tank and exchange service. Plus, there's opportunity to increase revenue with boat shrink wrap and water taxis out to the islands. Also included is a construction barge with hoist service, $15 boat launch fee, and outdoor washrooms. There are a number of upgrades worth seeing! Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. The owner opts to shut down for winter but you could stay open all winter season to sell fuel to snowmobilers, operate a store/hot snack bar to the numerous ice fishermen or snowmobilers. The shops could also be used or rented to marine mechanics, marine upholstery shops, etc. Many possibilities for additional revenue. Definitely a business and lifestyle opportunity worth seeing and exploring!


Property Details

Style2-Storey
ViewBay, Lake, Marina, Panoramic, Water
Age of property-
SqFt~< 700 SqFt
Lot Size44,630 SqFt(199.28 x 223.96)
Parking Spaces50
MLS ®NumberX12260722
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byRE/MAX JAZZ INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Upper Floor

Living

0.0 x 0.0

Primary

0.0 x 0.0

2nd Br

0.0 x 0.0

Office

0.0 x 0.0


Features

Lot size: 44,630 SqFt

Parking

Garage spaces 10

Garage type Detached

Other parking spaces 40

Total parking spaces 50


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
94 days on market
history photo preview27
Listing by trreb®
Property listed by RE/MAX JAZZ INC., Brokerage
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Market Data - Otonabee-South Monaghan

Geo Zone Map ThumbnailOtonabee-South Monaghan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

83 days

Compared to

2024

46 days

2023

27 days

2022

50 days

New Listings

Past 30 days

24 listings

Compared to

2024

21 listings

2023

45 listings

2022

36 listings

Units sold

Past 30 days

11 units

Compared to

2024

6 units

2023

15 units

2022

6 units

Median Sold Price

Past 30 days

$597,000

Compared to

2024

$602,500

2023

$640,000

2022

$1,360,000


Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

0 to 19
20%
20 to 34
15%
35 to 49
16%
50 to 64
25%
65 and plus
24%

Household composition (%)

Single family
75%
Single person
22%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget