1087 Island View DR Active

Otonabee-south Monaghan,ON K0L 1B0

$ 1745000

7 Beds

5 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Otonabee-South Monaghan

MLS Listing ID X12260722

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,291

Tax Year 2024

Property Sub-Type Detached

Property 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!

Location

Province ON

County Peterborough

Community Otonabee-South Monaghan

Area Peterborough

Body of Water Rice Lake

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 10.0

Pool None

Waterfront Description Direct

View Bay,Lake,Marina,Panoramic,Water

Roof Type Asphalt Shingle,Metal

Topography Flat

Road Frontage Year Round Municipal Road

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

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