A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1087 Island View Dr, Otonabee-South Monaghan Ontario K0L 1B0
17 days on Market

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

Detached
7
5
- sqft
$2,277,000
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Detached
7
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$9,779/mo

Tax Amount (2024)$6,292/yr

Days On Market17 days


Description

This is an income generating property with so much room for growth. 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.


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt-
Lot Size44,630 SqFt(199.28 x 223.96)
Parking Spaces50
MLS ®NumberX11955958
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byRE/MAX JAZZ INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Upper Floor

Kitchen

0.00 x 0.00

Living

0.00 x 0.00

Office

0.00 x 0.00

Prim Bdrm

0.00 x 0.00


Features

Lot size: 44,630 SqFt

Parking

Garage spaces 10

Garage type Detached

Other parking spaces 40

Total parking spaces 50


Property History

Feb 4, 2025
ListedActive
$2,277,000
17 days on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX JAZZ INC., Brokerage
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Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

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

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%

Schools and amenities

Estimated Budget