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

7 Bedroom 5 Bathroom
Raised Bungalow Central Air Conditioning Forced Air Waterfront

$2,277,000

This is an income generating property. Welcome to your own future. A place to live and a place to build a future. Owned waterfront. This long well-established marina on Rice Lake on the Trent Water 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 automotive equipment could be leased to auto 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. (id:56087)

Property Details

MLS® Number X11955958
Property Type Single Family
Community Name Rural Otonabee-South Monaghan
Amenities Near By Marina
Community Features Fishing, School Bus
Easement Unknown
Equipment Type None
Features Flat Site, In-law Suite
Parking Space Total 50
Rental Equipment Type None
Structure Deck, Drive Shed, Workshop, Boathouse, Dock
View Type Lake View, View Of Water, Direct Water View
Water Front Name Rice
Water Front Type Waterfront

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Total 7
Architectural Style Raised Bungalow
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Concrete, Vinyl Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Oil
Heating Type Forced Air
Stories Total 1
Type House
Utility Water Dug Well

Parking

Detached Garage
Inside Entry

Land

Access Type Year-round Access, Marina Docking
Acreage No
Fence Type Fenced Yard
Land Amenities Marina
Sewer Septic System
Size Depth 199 Ft ,3 In
Size Frontage 223 Ft ,11 In
Size Irregular 223.96 X 199.28 Ft
Size Total Text 223.96 X 199.28 Ft|1/2 - 1.99 Acres
Surface Water Lake/pond
Zoning Description C T Commercial

Rooms

Level Type Dimensions
Main Level Kitchen Measurements not available
Main Level Living Room Measurements not available
Main Level Primary Bedroom Measurements not available
Main Level Bedroom 2 Measurements not available
Upper Level Kitchen Measurements not available
Upper Level Living Room Measurements not available
Upper Level Office Measurements not available
Upper Level Primary Bedroom Measurements not available
Upper Level Bedroom 2 Measurements not available

Utilities

Wireless Available
Electricity Connected Connected
Telephone Connected

https://www.realtor.ca/real-estate/27876992/1087-island-view-drive-otonabee-south-monaghan-rural-otonabee-south-monaghan