1087 Islandview Drive, Otonabee-South Monaghan, ON Image 1

$1,850,000

Investment For Sale
MLS - #X12260723
8 hours ago- By RE/MAX JAZZ INC.

1087 Islandview Drive, Otonabee-South Monaghan, ON K0L 1B0

Bed
Bath
1.2 Sqft.
Other Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1.2 Sqft

About 1087 Islandview Drive

Open House Sat. July 12th. 12-2:00 pm. Same owner has built wealth since 2005. This long well-established marina with 280 feet of prim commercial tourism waterfront on the north shore of Rice Lake The Trent Water System. 1.2 acres on land, approx.1 acre leased from Parks Canada out under the water and taxed separately. Looking for a location to expand your marina operation or open a new location for snowmobile dealership and repair here it is. All the hard work is done. Huge demand for boat and personal watercraft rentals. More than 110 boat slips with room to expand servicing Cow and Island property owners and many others. There are no unrented boat slips available at this time. Cow Island parking across the road is not a part of this property. 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, part of that space is high and heated perfect for servicing and repairing boats, snowmobile and personal watercraft, also building docks for local cottagers. Large retail store selling everything from, snacks to Marine fuel oils and parts, fishing bait and tackle, 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 washrooms. Loads of upgrades. Only 45 mins to Oshawa, 15 Mins to Peterborough, 20 mins to 407. The owner the shuts down for 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. needed in the area. More boat slips are also needed if the buyer chose to construct. Offer to Both those uses are be done on a commercial offer form. HST to be self-assessed buy the Buyer.

Home Overview

Last updated

8 hours ago

Virtual tour

None

Basement information

Building size

1.2

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Oil Hot Water
Parking Features:N/A
0
Similar Homes Found
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Average Price
185000000.0%
Higher than average

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Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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