A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 1000 Goffatt Island, Ramara Ontario L3V 6H7
12 hours on Market

1000 Goffatt Island, Ramara, Ontario L3V 6H7

Detached
9
11
~5000 + sqft
$11,888,000
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Detached
9
11
~5000 + sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$1,189/sqft

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Description

Welcome to Goffat Island, your own private 11-acre sanctuary on the beautiful Lake Simcoe, offering the perfect blend of serene island living and modern convenience. This exceptional property, located just a two-hour drive from Toronto and a mere 350 meters from the mainland, includes a dedicated shoreline lot at 4739 Cedar Point Lane. This mainland base provides essential amenities like parking, a garage, hydro connection, and a 58-foot concrete boat dock, ensuring seamless access to your island retreat. The island itself is a fully-developed cottage resort, having undergone extensive renovations with nearly $9 million in investments, making it a pristine turn-key opportunity. This unique island property is supported by robust, independent utilities, highlighted by a dedicated 1,600-amp power supply running underground from the mainland. The island's 800-amp distribution system-substantiated by the main cottage's 700-amp panel-ensures ample capacity for modern resort operations, representing a $950,000 infrastructure investment. Wastewater is efficiently managed through three strategically placed septic beds, servicing key building areas and ensuring complete operational self-sufficiency. It features 9 versatile rental suites, a conference and dining hall ideal for events, a general store, and a total of 7 main buildings, all set amidst beautifully cleared and wooded level land. With a 65-foot concrete pier, additional docks, and multiple waterfront decks, the property is perfectly equipped for both private enjoyment as a luxurious family compound and as a lucrative revenue-generating business with potential for further expansion like campsites. This is a rare chance to own a complete, move-in ready island paradise that promises an unparalleled lifestyle and a sound investment.


Property Details

StyleBungalow
ViewClear
Age of property-
SqFt~5000 + SqFt
Lot Size-
Parking Spaces-
MLS ®NumberS12562972
Community NameRamara
Data SourceTRREB
Listing byBAY STREET GROUP INC.

Features

Heating: Other
Cooling: Wall Unit

Property History

Nov 20, 2025
ListedActive
$11,888,000
12 hours on market
history photo preview30
Listing by trreb®
Property listed by BAY STREET GROUP INC., Brokerage
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Market Data - Ramara

Geo Zone Map ThumbnailRamara

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

41 days

Compared to

2024

41 days

2023

30 days

2022

28 days

New Listings

Past 30 days

42 listings

Compared to

2024

59 listings

2023

46 listings

2022

48 listings

Units sold

Past 30 days

21 units

Compared to

2024

26 units

2023

15 units

2022

19 units

Median Sold Price

Past 30 days

$730,000

Compared to

2024

$735,000

2023

$865,000

2022

$830,000


Population and Demographics

Overview

Total population 12201
Average household income $115,312

Age (%)

0 to 19
16%
20 to 34
14%
35 to 49
14%
50 to 64
28%
65 and plus
28%

Household composition (%)

Single family
70%
Single person
26%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
6%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget